Get me the legal distinction between "private" and "independent."
Define INDEPENDENT BUSINESS. means any business unit within a Country designated by Client executive committee from time to time to operate at arm's length because (i) it is pending decision regarding a possible disposal of the business unit; or (ii) the business unit operates under conditions...
www.lawinsider.com
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INDEPENDENT BUSINESS means a business that is not inextricably associated with another business through common ownership, affiliation, sharing of employees, facilities, equipment, profits and losses. lf there is an “umbilical cord” relationship with a non- disadvantaged business, the business is not an independent business;"
ActivisionBlizzard as a business is associated several other businesses namely investment companies through common affiliations and ownership.
Larian studios is not.
The board of directors takes the decision in a publicly traded company on selling, they voted on it then the shareholders vote on it.
You can argue the Earth is flat all day long, 365 days a year, legally ActivisionBlizzard is a publicly traded company and not an independent entity, Larian is.
Your entire line of argumentation is futile sophistry.