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jason1637 on 17 July 2023

MS better get that extension in. I wouldn’t put it past Sony to try to pull something that may lead to Activision backing out.



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EpicRandy on 17 July 2023
Spade said:
NobleTeam360 said:

I mean, you'd think MS and ABK would have already agreed to an extension by this point instead of waiting until the day before.

Would lol if Big Bobby walks tomorrow.  

It cannot, there would not be enough salt in the world, and entire ecosystems all over the world would simply die as a result XD.

more seriously, Bobby cannot leave the deal himself, he must put that to a vote with shareholders which would require a few days to set up, or else he might face legal challenges from shareholders.



Spade on 17 July 2023
EpicRandy said:
Spade said:

Would lol if Big Bobby walks tomorrow.  

It cannot, there would not be enough salt in the world, and entire ecosystems all over the world would simply die as a result XD.

more seriously, Bobby cannot leave the deal himself, he must put that to a vote with shareholders which would require a few days to set up, or else he might face legal challenges from shareholders.

Yup, he answers to his shareholders, plus would lose money which wouldn't make any sense. Also, him leaving and getting that golden parachute would be worth more to him than staying in terms of any money I'm guessing. 



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EpicRandy on 17 July 2023

Just looked it up, the vote to allow the deals occurred on April 28 2022 a whole 3 months after its announcement. So a vote to quit the deals is likely to take as long lol, and given the term of the contract Bobby is fully allowed to close with MS at any time even after July 18, and would do so unless there's sufficient (judged sufficient by Bobby himself, and we know he's not the like to take complaint seriously (sadly)) shareholder voicing opposition.

Also, people have to remember a whopping 98% voted for it and many trades occurred since, and now probably a good portion of the shareholder now might have bought shares specifically for this payout so...



DroidKnight on 17 July 2023
EpicRandy said:
DroidKnight said:

Lol. That's my birthday.

Lol the birthday paradox in full display:

The birthday paradox refers to the counterintuitive fact that only 23 people are needed for that probability to exceed 50%

Finally got around to getting to research the link when I got home.   Enjoyed the math lessons.  Makes sense once you start running the numbers.  I found the breaking points (50% or better) for the number of people needed to have 3 people and 4 people to also share the same birthday fascinating.  



...to avoid getting banned for inactivity, I may have to resort to comments that are of a lower overall quality and or beneath my moral standards.

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Imaginedvl on 18 July 2023
EpicRandy said:
NobleTeam360 said:

I mean, you'd think MS and ABK would have already agreed to an extension by this point instead of waiting until the day before.

More than likely, however, the possibility of ABK simply walking away is very slim even with $3B at play.

  1. That $3B would end up in ABK cash on end, not in shareholder pocket directly, it might take years before they see a dividend on this would they go this route.
  2. The stock value is currently more than $3B higher than without the deal in place.
  3. That more than $3B would go directly into the shareholder's pocket if the deal goes through as opposed to No.1. Ask @Imaginedvl which outcome he wants XD.
  4. I don't think Kottick is under any obligation to bring a vote on whether to leave the deal or not unless there are sufficient demands to that from shareholders
  5. Even if there's a demand for this by shareholders, organizing a vote might take several days
  6. Even if a vote occurs I'd be baffled if they vote to leave, after all, they voted for the deal to occur, and like stated, they themselves stand to gain way less by leaving the deal.

Yet even if it's unlikely it is still better for MS to look to set an extension on paper, if even just to stave off legal challenge from some disgruntled shareholders.

Yep :) I will go with the option of an extension! That 3B in Activision pocket does not help any shareholder (well, actually it may get the price up a bit but not from 95$, more from the original 46$ or so which would be way worse. I think that if the deal falls (it won’t) but let’s play the hypothetical game, the stock would probably fall to something around 60$).

all in one, if Microsoft wants to extend it is to the benefit of the shareholders and they would need to bring it to the board. and then a vote form the shareholders. And then like you said, no shareholders in its right mind would vote against lol



Imaginedvl on 18 July 2023
Ryuu96 said:

@Imaginedvl bout to get even more paid if Activision demands a higher price.

Don’t think this would happen haha but I would be loving it for sure:)

the thing is that unless Activision has an offer from someone else for a higher price, they will have to extend it cause the board would get sued like hell for not doing so. And even if they try to re-negotiate, the risk of Microsoft walking away because they do not want to pay a higher price would be too big of risk for them to do so (again cause they would get sued to hell by the shareholders and you would def. count me in that class action :D).



Ryuu96 on 18 July 2023


Barozi on 18 July 2023

Once the Age of Mythology remakes are done, let World's Edge work on an Empire Earth remake. That would be awesome.



Ryuu96 on 18 July 2023