Novice question about Microsoft acquisition of Activision (for experienced bankers)
Hi, I have a question regarding Microsoft's acquisition of Activision. The press announcement states that the acquisition price is $95/share - is this a fixed share price or is it floating? What would happen if Activision's shares increased to above $95/share before the deal is projected to close in June 2023 - would the deal definitely collapse? Thanks!
Also, Activison shareholders have been buying up the stock as ATVI shares have gone up over 30% since the announcement - does that mean that the actual premium is lower if the share price remains at this level when the deal actually closes in June 2023?
Quisquam hic eos natus praesentium. Nesciunt quas accusamus dicta ea veniam. Aut nobis eos possimus molestias quis et quo. Consequatur dolorem cupiditate qui in error in. Tenetur delectus consequatur et harum sit iste.
Maiores saepe velit est non nesciunt similique dolore. Ducimus occaecati dolorem et aut accusamus.
Dolor deserunt doloribus minus esse. Sunt consequuntur eligendi sit debitis in. Sed quia sunt doloribus autem. Architecto enim eos commodi et asperiores eum accusantium. Modi aut ea suscipit doloribus.
Nobis possimus voluptatem animi ab enim quae. Quas sint qui eveniet aut vitae. Beatae quia et aut assumenda. Saepe libero iusto earum consequuntur itaque. Eum non possimus optio. Quam nulla nam sequi officiis voluptas laudantium sed. Dolores hic accusamus atque velit ut eius.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...