How Phil Hustled Bobby: A Microsoft Story (as Told By Activision) (VL630)

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

But how as the deal made? Now that Activision has released its draft proxy statement we can dive into the details of one of the biggest stories in gaming history, and how Phil Spencer and Microsoft pressed Activision into getting the deal done.

It's time to do the hustle...in Virtual Legality.

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

#Activision #Microsoft #Deal

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CHAPTERS

00:00 Introduction
2:29 Soliciting Votes (Proxies)
11:16 A Merger Story - Voting NO
15:02 A Merger Story - Phil Makes his Move
25:59 A Merger Story - Other Players in the Game
35:29 A Merger Story - Microsoft Doubles Down
47:04 A Merger Story - Phil and Satya Force the Issue
58:29 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 SITE/FILINGS
https://investor.activision.com/financial-information/sec-filings
https://investor.activision.com/static-files/d8609b3c-7991-4365-b542-ca5ec00cc509

DELAWARE LAW
https://delcode.delaware.gov/title8/c001/sc09/index.html
https://delcode.delaware.gov/title8/c001/sc09/index.html#262.

ARTICLES
https://www.wsj.com/articles/activision-videogames-bobby-kotick-sexual-misconduct-allegations-11637075680
https://www.theverge.com/2021/11/18/22789881/microsoft-xbox-boss-phil-spencer-deeply-troubled-by-activision-blizzard-bobby-kotick

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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