Get me the legal distinction between "private" and "independent."
Sample Contracts and Business Agreements
www.lawinsider.com
"
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.