Activision Blizzard's year of news appearances is almost unbelievable, but perhaps none more so than the announcement that Microsoft is purchasing them for just under $70 BILLION in cash.

But what's actually in the agreement between these two juggernauts? How did the reporting get at least some aspects of it wrong? And will it really cost one side or the other $2B+ to end things?

You better be darn sure you want to break up...in Virtual Legality.

CHECK OUT THE VIDEO AT: https://youtu.be/JgploLS9T5s

#Activision #Microsoft #BreakUpFees

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WANT TO SUPPORT THE CHANNEL

PATREON - https://www.patreon.com/VirtualLegality

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STORE - https://teespring.com/stores/hoeg-law-store

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CHAPTERS

00:00 Introduction

02:48 Merger Summary

23:14 What Reps Do (and Don't) Do

31:40 Conclusion

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Discussed in this episode:

"Microsoft x Activision"

Hoeg Law Playlist

https://www.youtube.com/playlist?list=PL1zDCgJzZUy_vBs7Qt9-ROfumOtIrSdP8

Activision Blizzard EDGAR Filings

General

https://www.sec.gov/edgar/browse/?CIK=0000718877

Partner Letters https://www.sec.gov/Archives/edgar/data/718877/000110465922005528/tm223212d11_defa14a.htm

https://www.sec.gov/Archives/edgar/data/718877/000110465922005529/tm223212d12_defa14a.htm

Merger Summary

https://www.sec.gov/ix?doc=/Archives/edgar/data/0000718877/000110465922005154/tm223212d3_8k.htm

Merger Agreement

https://www.sec.gov/Archives/edgar/data/0000718877/000110465922005154/tm223212d3_ex2-1.htm

"Fascinating Activision SEC filing about merger:.."

Twitter Thread - January 19, 2022 - Stephen Totilo

https://twitter.com/stephentotilo/status/1483809973155024897

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"Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).

CHECK OUT THE REST OF VIRTUAL LEGALITY HERE:

https://www.youtube.com/playlist?list=PL1zDCgJzZUy9YAU61GoW-00K0TJOGnPCo

DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL.

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Twitter: @hoeglaw

Web: hoeglaw.com