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[feynoob]

The 3b is payable if the deal doesn't close before the deadline. Until the deadline lands Activision are required to play ball, but once July 18 ends with no closure they will turn around and ask for that 3 billion.

You are correct that on its own it won't really do much to raise the stock price, but it can aid in either buybacks (which would raise the price) or in acquiring studios/IP that can help the company grow.

I think they need to invest in overwatch.
Activision long term is at risk as every studios is helping out on COD, while series like overwatch is going downhill slowly.

 

[Mr Moose]

You know that 3 billion dollars you owe us? Forget it, what are friends for? *fist bumps*

 

[PharaoTutAnchAmun]

Throw a bit of background music behind her on stage and they have a winner.

But dont zoom in on her feet

 

[feynoob]

You know that 3 billion dollars you owe us? Forget it, what are friends for? *fist bumps*

Give that money to me and I will make a great premier league team.

 

[Heisenberg007]

Also it's normal to have such a fee in these contracts, but based on how close they are with each other I wouldn't be surprised that Activision never asks for that 3B even if the deal doesn't go through.

 

[reksveks]

And should have been stopped at a time where is was on the verge of becoming a "true" monopoly. Just like MS/Acti merger.

Do you know when that was?

Not say that they shouldn't have been but it very much was a creeping dominance from Google. whilst the YT purchase or Doubleclick should have had more inspection, don't think regulators could have guess the impact of those buys.

 

[Kilau]

Or she is just trying to be fair, which a judge should be. She analysed the request, and thought it was indeed necessary to give them some extra days. I don't think she's already leaning in a direction, although I at least hope that's not the case.

Fair is equal application of the law. So if this is how these preliminary hearings are handled across the board, that’s fine. If not, then it looks like MS is being given special treatment.

 

[Astray]

Or she is just trying to be fair, which a judge should be. She analysed the request, and thought it was indeed necessary to give them some extra days. I don't think she's already leaning in a direction, although I at least hope that's not the case.

They needed the time to be able to finish depositions.

Judges in general don't like to be overturned on appeal, and "she didn't give us enough time to finish deposing witnesses" is basic procedural error.

I don't see how this is a win or a loss for either FTC or Microsoft here tbh. Too early to comment on such things.

 

[Ansphn]

Just because they have that power, that doesn't mean will actually use it. Also this is a whole different legal matter that will definitely show up in court too, because there's no way that if Microsoft circumvents it AND CMA asks for 20B, that Microsoft isn't going to fight this. Will be a battle of multiple years, and if Microsoft is confident they won't lose that fight, the 20B find can be ignored in your previous equation.

Why wouldn't the CMA fine Microsoft? If Microsoft just ignores the CMA, it would be the first company to do so. Even Meta paid their fines and sold out a part of their company. Microsoft would be public enemy # 1 in the U.K.

 

[X-Wing]

FTC will respond to Microsoft's request to anticipate the case management conference and they are gonna use the CMA decision to leverage their position.
I hope we start seeing a much more aggressive FTC.

Plaintiff intends to file an opposition to the Motion by 2:00 p.m. Pacific Time tomorrow, June 15, 2023. Plaintiff needs that time to respond to the substance of the Motion, not least Defendants’ claim that “time is of the essence” because the deal “has a termination of date of July 18,” which ignores the fact that the United Kingdom Competition and Markets Authority has issued orders barring the transaction. Mot. at 3. Plaintiff’s counsel is available for a conference with the Court at the Court’s convenience.

https://storage.courtlistener.com/recap/gov.uscourts.cand.413969/gov.uscourts.cand.413969.73.0.pdf

 

[EdGalTBR]

FTC will respond to Microsoft's request to anticipate the case management conference and they are gonna use the CMA decision to leverage their position.
I hope we start seeing a much more aggressive FTC.

https://storage.courtlistener.com/recap/gov.uscourts.cand.413969/gov.uscourts.cand.413969.73.0.pdf

This won't matter. Microsoft lawyers will destroy FTC for good.

 

[Kvally]

Looks like the FTC is gonna get SPANKED.

 

[feynoob]

This won't matter. Microsoft lawyers will destroy FTC for good.

Actvision worth more than UK market for Microsoft. They should just go ahead and close the deal.

I wonder why someone from Brazil have this view?

 

[Banjo64]

I understand that the 3B is payable, and Activision is completely in their right to ask for it. I just mean that if Activision still wants to sell to Microsoft and believe this can happen after July 18, they probably won't demand it since Microsoft might see this as an insult.

Also it's normal to have such a fee in these contracts, but based on how close they are with each other I wouldn't be surprised that Activision never asks for that 3B even if the deal doesn't go through.

I’ve found it guys. The funniest post in this thread.

 

[feynoob]

I’ve found it guys. The funniest post in this thread.

Hey banjo, can I borrow $10m for free?

 

[drganon]

I’ve found it guys. The funniest post in this thread.

Edgaltbr's posts might give it a run for its money.

 

[Calverz]

FTC dropped a bollock?

 

[feynoob]

FTC dropped a bollock?

No, they are stopping MS from destroying itself.

 

[Heisenberg007]

Hey banjo, can I borrow $10m for free?

The problem with this is that Banjo64 will never ask that money back as that might insult you

 

[feynoob]

The problem with this is that Banjo64 will never ask that money back as that might insult you

Works fine. He is a such nice lad.

 

[Raven77]

Because they're arrogant.

 

[Helghan]

They needed the time to be able to finish depositions.

Judges in general don't like to be overturned on appeal, and "she didn't give us enough time to finish deposing witnesses" is basic procedural error.

I don't see how this is a win or a loss for either FTC or Microsoft here tbh. Too early to comment on such things.

Since Microsoft asked for this, it's a win for them.

 

[Ogbert]

Era is on fire and take this deal as done. Or they are wrong or us.

God, they’re such cunts.

Wannabe Communists celebrating a corporate merger. They deserve to get fucked over.

 

[LordCBH]

God, they’re such cunts.

Wannabe Communists celebrating a corporate merger. They deserve to get fucked over.

What are they going to do when MS eventually raises Gamepass to $25-30 a month? Will they still stan for the corporation that’s fucking them?

 

[Helghan]

What are they going to do when MS eventually raises Gamepass to $25-30 a month? Will they still stan for the corporation that’s fucking them?

They'll stop their subscription and just buy the game like the rest of the world?

 

[DeepEnigma]

They'll stop their subscription and just buy the game like the rest of the world?

They'll stand in line for bread, and like it.

 

[X-Wing]

They'll stop their subscription and just buy the game like the rest of the world?

You underestimate their stupidity.

 

[Ogbert]

What are they going to do when MS eventually raises Gamepass to $25-30 a month? Will they still stan for the corporation that’s fucking them?

They’ll gobble it up.

Just as long as MS puts another trans in Overwatch.

Dickheads.

 

[Ronin_7]

I believe Microsoft will try to make a new deal with Activision but Activision accepting is a whole nother history in itself.

I'm sure they're talking as we speak behind the scenes but those things rarely leak.

 

[DeepEnigma]

I believe Microsoft will try to make a new deal with Activision but Activision accepting is a whole nother history in itself.

I'm sure they're talking as we speak behind the scenes but those things rarely leak.

What, no Lulu console/brand war propaganda leaks?

 

[Heisenberg007]

I believe Microsoft will try to make a new deal with Activision but Activision accepting is a whole nother history in itself.

I'm sure they're talking as we speak behind the scenes but those things rarely leak.

MS will definitely try. They'll do whatever they can to convince them. MS has no other option.

It is 100% up to Activision. My guess is that they will not renew the contract, but let's see what happens.

 

[Kilau]

MS will definitely try. They'll do whatever they can to convince them. MS has no other option.

It is 100% up to Activision. My guess is that they will not renew the contract, but let's see what happens.

Depending on which side of their mouth you listen to, the deal is dead if they can’t close by July 18th. They told the judge that.

So are they lying because they will extend with ABK to handle the later CAT hearing or are they lying about not closing the merger while under legal injunction?

Either way they are lying, shock.

 

[Heisenberg007]

Depending on which side of their mouth you listen to, the deal is dead if they can’t close by July 18th. They told the judge that.

So are they lying because they will extend with ABK to handle the later CAT hearing or are they lying about not closing the merger while under legal injunction?

Either way they are lying, shock.

This part is technically true. The deal is dead if they can't close by July 18th -- unless they renegotiate. So that's what it has all come down to.

Now it all depends on if MS and ABK can renegotiate and extend the contract successfully. If they do, then they get a lifeline to wait until CAT's and CMA's second decision on their appeal. If they can't renew, the deal is dead on July 19th.

 

[Pelta88]

I believe Microsoft will try to make a new deal with Activision but Activision accepting is a whole nother history in itself.

I'm sure they're talking as we speak behind the scenes but those things rarely leak.

The admission that if they're forced to renegotiate then the deal is done, speaks volumes. But I'm wondering if the marketing deal with PS is also a looming factor. Without the deal going through, COD still needs to attach to the market leader to maximise sales.

There is a reason why Acti does marketing deals year in / year out. And there's also a reason why they switched COD from XBOX to PS when they saw how last gen was going. If MS closes then fine, Microsoft will absorb the cost of only selling COD copies in US/UK. But currently, those lost sales will be absorbed by Acti.

Those worldwide sales are a huge part of ATVI's profit and currently, XB doesn't sell consoles in those regions.

 

[DeepEnigma]

This part is technically true. The deal is dead if they can't close by July 18th -- unless they renegotiate. So that's what it has all come down to.

Now it all depends on if MS and ABK can renegotiate and extend the contract successfully. If they do, then they get a lifeline to wait until CAT's and CMA's second decision on their appeal. If they can't renew, the deal is dead on July 19th.

But they will close anyway! Totes!

 

[ToadMan]

I believe Microsoft will try to make a new deal with Activision but Activision accepting is a whole nother history in itself.

I'm sure they're talking as we speak behind the scenes but those things rarely leak.

I actually think its already too late for an extension - assuming they need another round of shareholder voting to get that anyway.

 

[Kilau]

This part is technically true. The deal is dead if they can't close by July 18th -- unless they renegotiate. So that's what it has all come down to.

Now it all depends on if MS and ABK can renegotiate and extend the contract successfully. If they do, then they get a lifeline to wait until CAT's and CMA's second decision on their appeal. If they can't renew, the deal is dead on July 19th.

Then that’s what the judge should tell them to do since the FTC clearly has a valid concern they will close the merger while under ongoing litigation.

That’s what the hearing is supposed to be about, instead it’s turning into the final arbitration hearing.

 

[Heisenberg007]

I actually think its already too late for an extension - assuming they need another round of shareholder voting to get that anyway.

Very true.

For reference, the last time ABK shareholders took 100 days to sign the acquisition -- and it was smooth sailing back then.

Now they have 33 days left to do it, assuming they even start from today -- and that's not accounting for all the legal troubles they're going through.

 

[EdGalTBR]

I believe Microsoft will buy Actvision eventually.

 

[DeepEnigma]

Such negativity in this topic, but Microsoft will buy Actvision, and some people will cry a bit.

 

[MasterCornholio]

Very true.

For reference, the last time ABK shareholders took 100 days to sign the acquisition -- and it was smooth sailing back then.

Now they have 33 days left to do it, assuming they even start from today -- and that's not accounting for all the legal troubles they're going through.

It could be possible that Microsoft is leaving this to the last minute to put pressure on ABK. Basically not allowing them time to negotiate new terms but to accept whatever is given to them.

 

[drganon]

Such negativity in this topic, but Microsoft will buy Actvision, and some people will cry a bit.

Or more likely...
The deal will fail and you'll disappear like all the other shills.

 

[Pelta88]

Also it's normal to have such a fee in these contracts, but based on how close they are with each other I wouldn't be surprised that Activision never asks for that 3B even if the deal doesn't go through.

 

[EdGalTBR]

Or more likely...
The deal will fail and you'll disappear like all the other shills.

Why i would disapear?

 

[MasterCornholio]

Why i would disapear?

I mean you did at times.

300 posts since 2018 doesn't seem like a lot.

 

[GHG]

I mean you did at times.

300 posts since 2018 doesn't seem like a lot.

You're only counting one account.

 

[jm89]

I mean you did at times.

300 posts since 2018 doesn't seem like a lot.

Oh he did.

He was thumping his chest about the series s and gamepass value

Here's my favourite quote from him.

People are seeing more value on Xbox than Playstation. I believe it's all about the cheaper prices and GamePass.

Once the sales reports and NPD leaked numbers came out he avoided the sale threads like the plague.

 

[drganon]

Oh he did.

He was thumping his chest about the series s and gamepass value

Here's my favourite quote from him.



Once the sales reports and NPD leaked numbers came out he avoided the sale threads like the plague.

Of course Foss liked that second post.

 

[Banjo64]

Of course Foss liked that second post.

It’s just the same person let’s not beat around the bush. As Brazilian as the guy from Lancaster. Laughable.

 

[DeepEnigma]

Oh he did.

He was thumping his chest about the series s and gamepass value

Here's my favourite quote from him.



Once the the sales reports and NPD leaked numbers came out he avoided the sale threads like the plague.

Of course Foss liked that second post.

That reads oddly familiar.

You're right. Xbox Series S offers value for casual consumers for the like of Xbox Game Pass, compared to £70/$70/€80 games.