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Activision Blizzard will call on shareholders to vote in favour of Microsoft deal next month
- Thread starter Craig of War
- Start date
- Business
Mister Wolf
Member
The sooner they get this over with the better for us. Then Microsoft can accelerate the development of Diablo 4.
Bernd Lauert
Banned
Girlfriend is really looking forward to this. CoD is her favorite franchise (idk why) so she wants to play them all on Gamepass.
Hendrick's
If only my penis was as big as my GamerScore!
We should all just Tweet @ POTUS.
Bernd Lauert
Banned
There is a chance, but it's extremely low. Shareholders are on board, only President Biden can prevent this.
Saucy Papi
Member
There's a high probability it'll go through. If anything, it might be the government stepping in that might cause them problems but I may very much doubt that as well.
Saucy Papi
Member
anthony2690
Member
If I was a shareholder the last thing I'd do is vote against it going through, why vote against a good pay day?
If the deal doesn't go through, them shares will probably tank.
If the deal doesn't go through, them shares will probably tank.
nush
Member
Wow you have a girlfriend that plays COD? Maybe she should sign up for a GAF account so we can read what you think instead.
Fake
Member
ParaSeoul
Member
Hes too busy worrying about his sons laptop atm
Mister Wolf
Member
Well the better for me. Thats what matters most.
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Fake
Member
Better now.
ManaByte
Member
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Hero of Spielberg
Member
I’m sure the shareholders will be very keen to vote against merging with one of the biggest companies on the planet. Shareholders generally hate money.
ManaByte
Member
ethomaz
Banned
Imagine if you are a shareholder.
If you vote against the shares go down and it is very hard to predict how down.
If you vote favor the shares stabilize or even go up.
What you choose?
There is really little to no chance ti shareholders go against it.
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kingfey
Banned
The FTC has asked Microsoft for more info on its Activision Blizzard deal | VGC
Plus Activision Blizzard calls on shareholders to approve Microsoft’s proposed buyout…
www.videogameschronicle.com
The Federal Trade Commission (FTC) has asked Microsoft and Activision Blizzard for additional information as it continues to review their proposed acquisition deal.
According to a proxy filing published on Monday by Activision Blizzard (as spotted by Wccftech), “Activision Blizzard and Microsoft each received a request for additional information and documentary material […] from the FTC in connection with the FTC’s review of the transaction.”
The request isn’t necessarily an indication that there’s an issue with the proposed acquisition, or that the FTC is shaping up to try to block the deal in any way. Rather, it’s an expected step when reviewing a deal this large.
The main purpose of the proxy filing was to note that a special meeting of Activision Blizzard shareholders would be taking place on April 28.
If a majority of shareholders don’t vote to approve the acquisition during this meeting, it can’t be completed, and anyone who doesn’t vote will be counted as being ‘against’ it.
It was reported last month that the FTC would be handling the antitrust review for the acquisition, as opposed by the Justice Department, which typically works with the FTC on similar cases.
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kingfey
Banned
P2
As originally reported by Bloomberg, the FTC will investigate the deal to determine whether the takeover of the publishing giant constitutes unfair competition, according to a person speaking to the organisation anonymously.
The Activision Blizzard acquisition means that Xbox will gain exclusive ownership of some of the industry’s biggest franchises including Call of Duty, Warcraft, Overwatch, Crash Bandicoot, Guitar Hero and more.
The deal is expected to close in Microsoft’s fiscal year 2023. However, this is subject to closing conditions and completion of regulatory review.
Competition law seeks to maintain market competition by regulating anti-competitive conduct by companies. In the case of mergers and acquisitions, regulators can prohibit deals which are considered to threaten market competition or suggest remedies such as an obligation to divest part of the new business.
DFC Intelligence owner David Cole told GamesIndustry.biz last month: “The big issue is if COD becomes a Microsoft exclusive. Right now, I don’t think [it will]. For one thing, it would be hard to get it past regulators if they want to lock the competition out.”
Microsoft reportedly plans to keep making “some” Activision Blizzard games for PlayStation consoles following the takeover, and Xbox head Phil Spencer has claimed that “it’s not our intent to pull communities away from that platform”.
As originally reported by Bloomberg, the FTC will investigate the deal to determine whether the takeover of the publishing giant constitutes unfair competition, according to a person speaking to the organisation anonymously.
The Activision Blizzard acquisition means that Xbox will gain exclusive ownership of some of the industry’s biggest franchises including Call of Duty, Warcraft, Overwatch, Crash Bandicoot, Guitar Hero and more.
The deal is expected to close in Microsoft’s fiscal year 2023. However, this is subject to closing conditions and completion of regulatory review.
Competition law seeks to maintain market competition by regulating anti-competitive conduct by companies. In the case of mergers and acquisitions, regulators can prohibit deals which are considered to threaten market competition or suggest remedies such as an obligation to divest part of the new business.
DFC Intelligence owner David Cole told GamesIndustry.biz last month: “The big issue is if COD becomes a Microsoft exclusive. Right now, I don’t think [it will]. For one thing, it would be hard to get it past regulators if they want to lock the competition out.”
Microsoft reportedly plans to keep making “some” Activision Blizzard games for PlayStation consoles following the takeover, and Xbox head Phil Spencer has claimed that “it’s not our intent to pull communities away from that platform”.
ManaByte
Member
adamsapple
Or is it just one of Phil's balls in my throat?
Good.
Bring on the Activiosn Blizzard catalog to Game Pass.
They won't be, everything so far is standard procedure.
This is a $70 billion deal, they have to do the due diligence.
Bring on the Activiosn Blizzard catalog to Game Pass.
They won't be, everything so far is standard procedure.
This is a $70 billion deal, they have to do the due diligence.
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azertydu91
Hard to Kill
Imagine you go to a meeting and if you say yes you get more money...What do you do?I don't see how it can not go through with shareholders.
MScarpa
Member
We should make a bet. You really think it's going to go through? Bet your account. I'll take a perma ban if this deal doesn't go through, take the bet.
ManaByte
Member
It is. But people unfamiliar with these things jump on any bit of news to try to decipher if it means that I’ll keep COD off GamePass.
They would be stupid to not vote for acquisition. Nobody will give them 95$ per share....
...and since Call of Duty won't release a game in 2023 i suspect share price will tank after refusal.
Not to mention 2,7 billion fee that Activision would have to pay to Microsoft.
Like, this is best deal they can get. So chances of this vote not going through are close to 0
...and since Call of Duty won't release a game in 2023 i suspect share price will tank after refusal.
Not to mention 2,7 billion fee that Activision would have to pay to Microsoft.
Like, this is best deal they can get. So chances of this vote not going through are close to 0
NickFire
Member
Yeah I’m expecting it is approved without any doubt at all. What I’m getting at is I think it was essentially already approved before the deal is signed by fund managers who control lots of shares.
R3claimer117
Member
It’s going to wild holiday season to have star field and all of the activision game dropping into game pass. Microsoft will be scary in a few years when they have all their ducks lined up. They’ll basically have one portion of the year locked up to themselves basically.
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R3claimer117
Member
It definitely will before the years out which is longer then bathesda took cause this was announced in January. Say about ten months.
ManaByte
Member
It'll be closed by the time MW2 launches, meaning this holiday season there will be Modern Warfare 2 on Gamepass with a $299 console able to play the next-gen Call of Duty without having to pay $70 for the game. Now you know why some people are so desperate for this to fall apart.
That would be a move.
R3claimer117
Member
This vote is more of a formality vote.
Neofire
Member
I
Was thinking the same thing lol
SenjutsuSage
Banned
Which Gaffer is this?
itsjustJEFF
Member
The MS deal was announced on Jan. 18th that day the price gaped up to $19 to $82.31 (at close of session) it hasn't been doing much since then. The pump in the price has likely already happened, can it go up more? yea, sure. Could it tumble back to it's $65 Jan. 14th price? Sure could.
What the big boys at Activition/Blizzard are afraid of is the hit to their bank accounts. They're the major holders of shares, they would be most affected by a big drop. They're happy AF with the price climbing back up closer to their 2021 $100 price.
Also, please don't try to "warn" your investors of bad thing happening. You kinda don't want to do that to those ppl. They're already shifty AF, you don't want to push them over the edge.
What the big boys at Activition/Blizzard are afraid of is the hit to their bank accounts. They're the major holders of shares, they would be most affected by a big drop. They're happy AF with the price climbing back up closer to their 2021 $100 price.
Also, please don't try to "warn" your investors of bad thing happening. You kinda don't want to do that to those ppl. They're already shifty AF, you don't want to push them over the edge.
Is there a summons sign for that?
IFireflyl
Gold Member
I believe he changed his Twitter handle to @realDonaldTrump, and his account is currently suspended by Twitter.
This is a joke, and if anyone can't take this as the joke it is meant to be then I'm super sad for you.
Jaguar Victory
Member
Me and my 100 shares are voting yes. I bought at $57 so I'm down for the $95!
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