Microsoft / Activision Deal Approval Watch |OT| (MS/ABK close)

Do you believe the deal will be approved?


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I think that companies don't generally sell out when they're only getting around a 5-10% premium, and that's where we are today. If the deal fell through, stock price would trade low to upper 80s.

The situation right now is so much different for activision than it was in early 2022.

I think Bobby would prefer to retain ownership of the company or get a much higher price, yes. And he can likely do that.
The stock price has risen to the agreed buyout price roughly. Deal goes away, price drops
 
They'd most likely all go through regulatory hell, though. With Microsoft even pitching in to make it even more hellish.

Not sure who the suitors are; not saying it's impossible, but is it probable? Not so sure.

I think Microsoft is the worst regulatory hell they'd receive since they are already a big payer in gaming. Other tech companies aren't.

I don't think it's probable, mind you, I think it's more likely Bobby just backs away and maintains CEO, but he'd need to convince shareholders of that plan. I just really don't see Microsoft's $95 offer being very compelling anymore for Activision.
 
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Price drops to low to high 80s, which is what I just said. And that's not a very far distance away from $95.

They only agreed to $95 when the stock was much lower (50-60ish range)
Lows 80s is far from $95? Lol so what's his angle?

Hold out and find a tech giant willing to pay, $105?

You can't be serious. Shareholders would go crazy.
 
I think Microsoft is the worst regulatory hell they'd receive since they are already a big payer in gaming. Other tech companies aren't.

I don't think it's probable, mind you, I think it's more likely Bobby just backs away and maintains CEO, but he'd need to convince shareholders of that plan. I just really don't see Microsoft's $95 offer being very compelling anymore for Activision.
That's the one thing tho man, Bobby staying on would be a shit show. The only reason why the talk about him died down was because Microsoft "acquired" them. He backs away from the biggest deal in gaming and stays as ceo the pressure would be right back at him.
 
I think Microsoft is the worst regulatory hell they'd receive since they are already a big payer in gaming. Other tech companies aren't.

I don't think it's probable, mind you, I think it's more likely Bobby just backs away and maintains CEO, but he'd need to convince shareholders of that plan. I just really don't see Microsoft's $95 offer being very compelling anymore for Activision.

Just spit-balling here:
  • Tencent = instant Congressional and Intelligence outrage
  • Amazon = not as nightmarish but not a walk in the park
  • Facebook = Beat the FTC once already; can they do it twice?
  • Apple = probably on par with Amazon, frankly.
This is intriguing, I have to admit. :messenger_sunglasses:

Kotick convincing people to let him stay seems like a bridge too far. His ass was grass when this deal was announced; too much drama and scandal.
 
Lows 80s is far from $95? Lol so what's his angle?

Hold out and find a tech giant willing to pay, $105?

You can't be serious. Shareholders would go crazy.

It's only ~15% premium over market. They paid nearly 50% when this whole thing first started.

Deals usually don't get done with a 15% premium.
 
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That's the one thing tho man, Bobby staying on would be a shit show. The only reason why the talk about him died down was because Microsoft "acquired" them. He backs away from the biggest deal in gaming and stays as ceo the pressure would be right back at him.

The pressure is gone at this point, nobody cares about the scandal.

The deal got him through the worst parts and the business has recovered. Bobby can easily get back into the fight if he wanted.
 
Tencent, Google, Amazon and Apple, would probably be the likely contenders, if he is still interested in shopping around.

And there's literally no way in hell any of them escape scrutiny. Tencent in particular is a nightmare scenario which will never happen for reasons that should be obvious.
 
Just spit-balling here:
  • Tencent = instant Congressional and Intelligence outrage
  • Amazon = not as nightmarish but not a walk in the park
  • Facebook = Beat the FTC once already; can they do it twice?
  • Apple = probably on par with Amazon, frankly.
This is intriguing, I have to admit. :messenger_sunglasses:

Kotick convincing people to let him stay seems like a bridge too far. His ass was grass when this deal was announced; too much drama and scandal.
Apple could legit make a bid to try and acquire Sony if MS-ABK is allowed to clear by regulators
 
It wasn't that long ago where people were saying that the Japanese gov't would never allow a western company to acquire such a big company like SEGA, but now we have people saying that they could see Apple acquiring an even bigger Japanese company like Sony.

This deal has really broken some people it seems.
 
It wasn't that long ago where people were saying that the Japanese gov't would never allow a western company to acquire such a big company like SEGA, but now we have people saying that they could see Apple acquiring an even bigger Japanese company like Sony.

This deal has really broken some people it seems.
Apple isn't interested in Sony. They have their sights set bigger.
Mickey Ears Disney Castle GIF by ABC Network
 
Apple isn't interested in Sony. They have their sights set bigger.
Mickey Ears Disney Castle GIF by ABC Network
I didn't think they were, it was just funny seeing people change their stripes on what could or couldn't be sold in Japan based on their preferences.

Disney might be a bargain since they have been putting out sub-par stuff lately, park attendance trending downward and cost costing at ESPN.
 
Iger is going to sell off ABC, get a partner to run ESPN, AND is now open to selling to Apple. It could happen.
Sellingto Apple os still very much a guess .. selling off ABC and any TV stuff is going to happen though. it's all worthless now.
 
He wants his golden parachute.
He already have a golden parachute, and now with the acquisition he'll be billions richer. If they want to fire him they'll have to pay him a shit ton of money. On top of that, in the acquisition deal says that he'd continue in charge of ABK. But now, since will be a subsidiary of the MS gaming division he/ABK will report directly to Phil Spencer, since Phil is the CEO of that division.

If they don't abandon the deal it means Activision got a sweetener for an extension. There's no reason why Activision wouldn't try and get more in some fashion (either MS directly or another company)
The deal said that if tomorrow isn't completed the deal is over and that MS has to pay ABK 3 Billions more.

But well, they can after that to make another deal with some tweaks to make it more appealing for the CMA if their deal with Sony isn't enough to solve the concerns that the CMA had regarding cloud gaming. Pretty likely this is what they are going to do, since as of now the CMA is blocking the deal but they are open to start again from scratch if MS reviews what they are concerned about. But that could take over a year.

The CMA could also allow them to acquire ABK but keeping it independent and don't control it until they do all this paperwork during several months.
 
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Iger is going to sell off ABC, get a partner to run ESPN, AND is now open to selling to Apple. It could happen.
I wouldn't mind seeing Disney broken up. I was a really big fan of them 20+ years ago and even visited all 4 parks in Orlando as part of my honeymoon.

Despite moving into an area about an hour from Disney World 2-3 years ago, we haven't been to any of their parks. We've been to Sea World, Universal, Busch Gardens, etc, but not Disney.
For us, it's been a combination of outrageous ticket prices, long lines and creative content direction that has turned us off. End Game was the last Disney movie we saw at the theatre and haven't bothered with anything else since.
 
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I simply don't understand why they wouldn't get a massive increase via extension or walk

I have no clue why they would allow an extension for free when they have no contractual obligation to do so (that I'm aware of)
Maybe you just don't have enough information to really know what you are talking about. I have seen you repeat this numerous times, and hey... everyone is entitled to an opinion, but there are numerous reasons why a layman (such as you and I) don't understand the intimate details of the deal nor their motivations for wanting it.
 
Very interesting

Just as I suspected

The fireworks aren't over yet. How much will Bobby extract? Or will he walk away? I can't see a man like himself wanting to sell out now that the market environment has turned.

No wonder Microsoft has had a huge last minute gaslighting campaign and FTC/CMA push....trying to make it to the 18th by any means possible and just came up short.
Bobby out partying again and he can't wait until tomorrow to collect his 3bil.
 
I think Microsoft is the worst regulatory hell they'd receive since they are already a big payer in gaming. Other tech companies aren't.

I don't think it's probable, mind you, I think it's more likely Bobby just backs away and maintains CEO, but he'd need to convince shareholders of that plan. I just really don't see Microsoft's $95 offer being very compelling anymore for Activision.
lol. Is this a Sony lovers' Fanfic?
 
Who is cheering for that again?
I'm not going to lie, I'd totally take the CCP over Microsoft to own ABK. At least with Tencent there's no worries of them foreclosing on PlayStation with ABK games unlike Microsoft. Like seriously, if any other company besides Microsoft/Sony/Nintendo were trying to acquire ABK, I don't think the acquisition thread on here would be anywhere near as popular nor interesting to people to discuss, because just about every other company besides those three console hardware makers would not have any real incentive to foreclose ABK content on any of the three console platforms.
 
Meanwhile in FTC-land:


After two court losses last week, the agency's remaining options are: pursue its fight in the internal FTC court; pursue its parallel case before the appeals court; pursue both; or settle with Microsoft or drop the matter entirely.

They need to negotiate and drop the court cases. Try and turn it into a win.
 
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Meanwhile in FTC-land:




They need to negotiate and drop the court cases. Try and turn it into a win.

"The Gamers" are taking up where they left off and taking the case to the Supreme Court.
 
I'm not going to lie, I'd totally take the CCP over Microsoft to own ABK. At least with Tencent there's no worries of them foreclosing on PlayStation with ABK games unlike Microsoft. Like seriously, if any other company besides Microsoft/Sony/Nintendo were trying to acquire ABK, I don't think the acquisition thread on here would be anywhere near as popular nor interesting to people to discuss, because just about every other company besides those three console hardware makers would not have any real incentive to foreclose ABK content on any of the three console platforms.

Sorry M ManaByte

call the midwife GIF by PBS
 
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