Astray
Member
No disrespect intended, but this comes across as copium.
No one ever hires an army of lawyers at $1500/hr for bragging rights.
Microsoft / Activision Deal Approval Watch |OT| (MS/ABK close)
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No one ever hires an army of lawyers at $1500/hr for bragging rights.
havoc00
Member
I agree with that but as far as the cma is concerned if ms really wants and feels it needs to acquire act this will be handled and closed imo. At the end ms gets what it wants makes some concessions the cma looks like they did there job etc
Banjo64
cumsessed
I mean. We were talking world leaders, not everyday men and women. But ok. You want to play like that?
Set this guy on egg if he tries to close.
PaintTinJr
Member
AFAIK, it is the opposite way around based on the breakup date in the SEC filing. To go beyond he probably needs shareholder approval because ATVI is worth a different amount today than it did 18months ago.
reinking
Gold Member
...and people want to weaken them further. At least for this acquisition. I do wonder if those people will feel the same way if/when someone like Apple starts buying up large publishers.
Little Mac
Member
feynoob
Banned
Lina approach was deemed unfit from the start, plus her appointment was nothing but a theatric.
They need an experienced people.
This happened during her reign. She lost experienced people.
FTC Lawyers Leave at Fastest Rate in Years as Khan Sets New Tone
The Federal Trade Commission’s senior attorneys are leaving at a pace not seen in at least two decades, adding to the challenges facing the agency as it pursues expansive rulemaking.
Same here.
Goalus
Member
Good riddance.
I hope this is sarcasm.
Astray
Member
Microsoft in particular seems to have deep and lingering asspain towards Apple after the way they got humiliated out of the mobile and music platform markets.
I predict we will see a lot of shill shrieks if Apple enters the traditional gaming ring in any way shape or form.
feynoob
Banned
I mean, what do you pick. 67B payout or measily 3b payout"?
Kottick is smart and knows how to make more money. He wont settle with 3b payout.
PaintTinJr
Member
The CMA aren't moving on this for 6 weeks. It is blocked and the deal fails unless Kotick extends. I don't think he will, but it is a 50/50, so why would it be sarcasm?
Chiggs
Gold Member
Ah, yes, the Ballmer years...where digital music and pc gaming escaped into the arms of others.
Nice job, Microsoft.
Dick Jones
Banned
Short sighted dumbasses. Amazon, Apple Meta and Tencent could throw 400bn into the market and regulators wouldn't be able to touch them. The future of gaming is fucking bleak by the authors of embrace, extend and extinguish.
adamsapple
Or is it just one of Phil's balls in my throat?
Why wouldn't he extend ? you think he'll want activision to get 3 billion instead of 68 ?
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XesqueVara
Member
ABK stock at 93, holy fuck.
TrueGrime
Member
It's insane isn't it.
L for the PI.
L in a hearing for mismanagement.
L for appeal.
feynoob
Banned
I concede. If you guys are offering that red ad, We wont be able to compete with you guys.I mean. We were talking world leaders, not everyday men and women. But ok. You want to play like that?
Set this guy on egg if he tries to close.
Chiggs
Gold Member
Yeah, I, uh, think you might be reading the tea leaves wrong there, man.
Astray
Member
Feels to me like a settlement of some sort was agreed and the two parties are just going through the motions to enact it according to the ruleset.It feel over and ready to close to me. Timing of the CMA announcement(s) too much for me to believe otherwise. Just the tip never stops at just the tip.
Because unless something happens( which could) the deal is closing. Microsoft didn't do all this so they can lose 3 billion and renegotiate.
Step back and look at the situation.
GHound
Member
Any dissent will be met with a disingenuous "they need these to be able to compete" from me.
Bernardougf
Member
LoooooooooL
feynoob
Banned
I am welcome for that idea.
"The new PS6 will launch with a price tag of $1500 with apple logo".
The next week headline after launch would be.
" The PS6 sold 30m copies in 1 week, making it the most profitable console of all time"
Chiggs
Gold Member
It feel over and ready to close to me. Timing of the CMA announcement(s) too much for me to believe otherwise. Just the tip never stops at just the tip.
It was really over the moment Corley ruled on it. Then some guy on Twitter started spewing out CLAYTON ACT CLAYTON ACT as if it A) isn't ridiculously old and B) isn't open to interpretation.
And that guy was a lawyer, so of course everyone starts acting as if lawyers are all-knowing Prometheans, rather than flawed, overworked, and deeply alcoholic individuals.
freefornow
Member
Man, reading the Ninth Circuits very brief and to the point order, It appears the 3 judges read the FTC's appeal submission and effectively gave it the
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PaintTinJr
Member
Come to the UK and see the way our laws work, how our civil service works. The CMA and CAT aren't breaking laws to throw out a 500page report that blocks the deal and Microsoft aren't stupid enough to close over the CMA.
Either Kotick extends or the deal dies on Monday IMHO. That is the two credible options left on the table.
adamsapple
Or is it just one of Phil's balls in my throat?
Man, reading the Ninth Circuits very brief and to the point order, It appears the 3 judges read the FTC's appeal submission and effectibely gave it the
Would love to find out what the divide was.
I have a feeling all 3 voted against the FTC.
NickFire
Member
Well, it looks like it ended there in hindsight. But for me it was the CMA taking a look at something new timing. That's when it just felt like things changed big time.
Goalus
Member
Wishful thinking.
feynoob
Banned
XesqueVara
Member
People with ABK stock made some gains with that FTC thing.
LoveCake
Member
I agree, no tech deal can get blocked by any of the regulators now, they will use this deal as a precedent.
Is it bad that im kind of hoping if this does kick off acquisition stuff, its Amazon that goes on a spending spree and adds it into Prime. At the very least they would keep it 3rd party. Im not a fan of Microsoft or Sony acquiriing any Publisher level
Chiggs
Gold Member
Bet you're right. Look at how ridiculed it was from all notable press outlets and most legal experts.
I'm completely serious about the FTC seeing that Clayton Act Tweet Guy and then going "huh, maybe we should appeal?"
They're that in over their head.
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feynoob
Banned
That is not going to be an issue according to the market right now.
Jigsaah
Gold Member
I'll off myself right now
tpieman2029
Member
KingT731
Member
Unfit in what certain ways? Harsh, yes, but that doesn't mean it is necessarily incorrect or wrong. Mostly a product of brokennessLina approach was deemed unfit from the start, plus her appointment was nothing but a theatric.
They need an experienced people.
This happened during her reign. She lost experienced people.
FTC Lawyers Leave at Fastest Rate in Years as Khan Sets New Tone
The Federal Trade Commission’s senior attorneys are leaving at a pace not seen in at least two decades, adding to the challenges facing the agency as it pursues expansive rulemaking.news.bloomberglaw.com
HoofHearted
Member
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feynoob
Banned
Are you in a cave right now"?
Gaming is fked up right now and is in a dire situation. This deal has been distracting people from the awful practices that has been going behind the scenes.
adamsapple
Or is it just one of Phil's balls in my throat?
All the people insisting that the appeal will be granted because Corley said "will have" instead of "may have".
reinking
Gold Member
Why would Apple need the PS6? They have their own engineers and currently the M2 chip. They could probably do a hell of a job if they decided to bring a console to market. I would not be able to afford it but I could envy those that could.
Jigsaah
Gold Member
Bro whaaat? He couldn't wait til after midnight? That's really tacky....This guy works for inXile. Guess they're closing over CMA
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