There are also the hidden DEI costs like with 343 studios, install incompetent leadership and then wonder why projects don't come out or are in a bad state for years. And only THEN do they close them.That's on top of $69 billion?
So an additional ~$1.5 billion they'll spend on integrating ABK studios before they close them.
That's on top of $69 billion?
So an additional ~$1.5 billion they'll spend on integrating ABK studios before they close them.
That is one of the reasons jim ryan cracked jokes about them buying ActivisionThat's on top of $69 billion?
So an additional ~$1.5 billion they'll spend on integrating ABK studios before they close them.
That's on top of $69 billion?
So an additional ~$1.5 billion they'll spend on integrating ABK studios before they close them.
That's just the Spyware you know about. Not the behind the scenes Spyware they weave into the O.S. lmao."Let us compete"
Fuck MS. Never again installing their spyware on my machines.
Why do people keep saying 69 billion? When they agreed on an extension, the price increased do 75B, yeah?
That amount was for the cancelation fee IIRC. And the acquisition was never canceled so they never had to pay that fee.Why do people keep saying 69 billion? When they agreed on an extension, the price increased do 75B, yeah?
I was referring to the OS.That's just the Spyware you know about. Not the behind the scenes Spyware they weave into the O.S. lmao.
Well aware, it was joke.I was referring to the OS.
The purchase price goes up to 75 billion when you include Activisions cash on hand.
So MSFT pay the stockholders 75 billion (Most of the big stockholders are common to the two companies anyway) and then MSFT gets 6 billion back in cash. (6.7 is the more accurate figure I believe)
"Zooming in on the latest balance sheet data, we can see that Activision Blizzard had liabilities of US$3.32b due within 12 months and liabilities of US$4.40b due beyond that. Offsetting these obligations, it had cash of US$13.1b as well as receivables valued at US$1.04b due within 12 months. So it can boast US$6.46b more liquid assets than total liabilities."
Microsoft and Activision Blizzard Extend $75 Billion Merger Deadline
The extension, until mid-October, allows the companies to continue with efforts to gain regulatory approval in the U.K.www.wsj.com
Also a reddit thread that has several explanations... some better than others;
Bryan, the original agreed price was 69, and got increased to 75 during the extension.
Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rules
A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of Activision Blizzard.apnews.com
"“I don’t think we won,” Weingarten responded, saying there was no evidence that the “hastily agreed to” contracts would sufficiently protect the market.
Microsoft valued the deal at $68.7 billion when it announced the acquisition in early 2022, “inclusive of Activision Blizzard’s net cash,” though Microsoft agreed to pay $95 in cash for each share of the gamemaker, closer to $75 billion."
It's worded strangely... apparently the 95 they agreed to originally brought it to 75 billion?
Edit: so what I'm getting is that there was some flexibility built into the deal based on market value of the shares....