EUR-Lex: Zenimax pathway to acquisition made clear. (Relevant documentation available)

Gaming
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161

The EU HAS to rule today though. Microsoft may not make the acquisition final until next week, but the EU HAS to rule today.

162

Today is not the closure. The EU will (certainly) approve the deal, but the acquisition won’t be completed before some days (like most other MS acquisitions, except Nokia which took more time). I guess.

163

Ah yes, hopefully we at least hear of they approved or not. That is all we need.

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164

I’m thinking the EU will rule on Monday honestly, it doesn’t seem like they will post an update today it’s getting pretty late in the day. I don’t think because there is a deadline they MUST post their decision on that day, they might need another day to get all the shit into order, but I could be completely wrong on that.

165

Linkedin happened in late afternoon if I recall correctly

166

have no idea what the fuck any of you guys are talkin about lmaoo

Just make sure to ping me when the news is out :stuck_out_tongue_winking_eye:

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167

Pretty sure they HAVE to rule. Its’ called a deadline for a reason.

You can’t have a deadline and then say, “but it’s late, so we’ll just do it Monday, several days after we said we would”

168

They already could have ruled and never made it public as well.

169

After each acquisition we will have to wait…Though It’s been almost half of a year since the announcement. Time sure flies.

170

It says “Provisional deadline”

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171

OH FFS.

172

It’s provisional unless an investigation is opened otherwise they have to make their decision today. They say provisional incase they have to dive deeper into it, but as they said on the 15th they see no issues then they wont need to extend that

173

See that’s what I thought.

174

It’s a Friday and we have Covid😅

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175

Linkedin had a provisinoal deadline of 15/11/2016 but the decision came on 06/12/2016 so I don’t think it’s the case of it’s 100% on that day. I’m starting to think this Marchish event is probably when we’ll hear it go through now. So it could be in the next 2 weeks, I honestly think MS would want to announce the whole thing on a Monday anyway even if it did go through today they’d probably wait till Monday to announce.

176
  • Announcement: June 4
  • EU deadline: October 19
  • Cleared by EU: October 19
  • Completion: October 26

Skype ($8.5B) in 2011:

  • Announcement: May 10
  • EU deadline: October 7
  • Cleared by EU: October 7
  • Completion: October 13

Nokia ($7.2B) in 2013:

  • Announcement: September 2
  • EU deadline: December 4
  • Cleared by EU: December 4

Seems like LinkedIn was the only exception due to concessions, the rest met the EU deadline.

177

They had issues with LinkedIn though, that’s why that was after the initial deadline. Every other one was cleared on the day they set

178

Salesforce.com Inc., which was outbid by Microsoft’s $26.2 billion offer for LinkedIn, has urged the EU to take a closer look at the deal. Microsoft’s control of LinkedIn’s “unique dataset” of professionals may allow it cut off rivals’ access to that data, the company said. The EU was also looking at whether artificial intelligence could allow Microsoft reap key insights from LinkedIn data that would aid sales of its other products.

https://www.channelfutures.com/mergers-and-acquisitions/microsoft-offers-concessions-in-eu-review-of-linkedin-bid

I guess that’s why the deadline was extended in Linkedin’s case

179

We’ll just have to wait and see I guess haha, look I want it as much as you guys just don’t want people to be upset if it’s not today that’s all, just be aware it’s a possibility it’s not today.

180

At least we know the chances of issues like EU not approving or starting a investigation are very slim. That’s a relief.

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