Rumors swirl. WB may (or may not) be for sale. It's buyer might be Take-Two? Or Electronic Arts (EA)? Or Activision? It's price? $4 billion. Or maybe it's only "about" that much.

Join us as we take a look at things from a mergers and acquisitions attorney's perspective, where even a five-paragraph anonymously sourced story can get the mind moving.

It's time for Mortal (legal) Kombat...Virtual Legality.

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

#WBGames #Sale #Rumors

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Discussed in this episode:

"AT&T seeks sale for Warner gaming unit, could fetch about $4 billion, sources say"

CNBC - June 12, 2020 -Alex Sherman

https://www.cnbc.com/2020/06/12/att-seeks-sale-for-warner-gaming-unit-could-fetch-4-billion.html

"Term Sheet Proposed Merger"

https://www.sec.gov/Archives/edgar/data/1072971/000119312507011975/dex991.htm

"AT&T in talks to sell WB games business in possible $4 billion deal: report"

MarketWatch - June 12, 2020 - Wallace Witkowski

https://www.marketwatch.com/story/att-in-talks-to-sell-wb-games-business-in-possible-4-billion-deal-report-2020-06-12

"S&P 500 ends at 4-month high as stocks rise after strong economic data"

MarketWatch - March 13, 2019 - Sue Chang and Chris Matthews

https://www.marketwatch.com/story/stock-market-poised-for-tepid-rise-but-dow-remains-under-pressure-amid-boeing-737-8-woes-2019-03-13

WB Games Homepage

https://www.wbgames.com/

"The Boy Who Lives: Warner Bros Sets Harry Potter Global Development Team"

Deadline - July 30, 2014 - Nancy Tartaglione

https://deadline.com/2014/07/the-boy-who-lived-warner-bros-creates-harry-potter-global-franchise-development-team-jk-rowling-812082/

"Warner Bros. Interactive Entertainment" (and subsidiaries)

Wikipedia

https://en.wikipedia.org/wiki/Warner_Bros._Interactive_Entertainment

"FORM OF TRADEMARK LICENSE AGREEMENT"

https://www.sec.gov/Archives/edgar/data/1452016/000119312509163904/dex1012.htm

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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

Blog: hoeglaw.wordpress.com