The risk is that the deal will not go through. I think the break-up fee is 3 billion and therefore huge
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7Mon
@topicswithhead yes, but the first deal was interrupted by the antitrust authorities as far as I can remember. It's not the fault of either of them. Although 😃
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@Blizzard termination fees are incurred for just such things and the first proposal was rejected by wiz due to valuation and antitrust concerns
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•7Mon
@topicswithhead a only concern from the cartel was somehow that they would not agree to the deal. Okay, that's something else again, of course
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@topicswithhead This fee would be payable if the acquisition fails for certain reasons. Although the specific terms have not been publicly disclosed, it is common for such fees to apply if certain reasons arise - not in every case...
In addition, insurance can also be taken out and a risk passed on. Similarly, it may/may have been agreed that potential bids from other competitors for Wiz will cover/cover the fee or, in this case, be waived by Google.
Getting hung up on this makes little sense imo.
In addition, insurance can also be taken out and a risk passed on. Similarly, it may/may have been agreed that potential bids from other competitors for Wiz will cover/cover the fee or, in this case, be waived by Google.
Getting hung up on this makes little sense imo.
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•@GeldGenie I never said that it always occurs, but it does occur on cartel occasions. And what do you mean by getting hung up on it? It's a huge deal, the question is rather why it should go through. Under any other government it would probably have failed
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@topicswithhead It is not known whether it is incurred in the event of state prohibition due to antitrust law... No details of the trigger have been published...
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@GeldGenie they are almost always the same, so you can overdo it. If it's not in there, the lawyers are idiots.
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@topicswithhead Individual agreement, insurance and unknown triggers.
I'm not very worried. Apart from that, 3.2 billion would also be "easily" bearable. :-D
Thanks for the exchange. It was heated haha :-D
I'm not very worried. Apart from that, 3.2 billion would also be "easily" bearable. :-D
Thanks for the exchange. It was heated haha :-D
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@GeldGenie but to pretend that 3.2 billion is so pleasant to give away would be crazy. I honestly hope it doesn't go through and Sundar would be fired.
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@topicswithhead 3% of cash holdings.
If you light 3% of your assets on fire - does it change your lifestyle, ambitions or something else? The tip itches for a moment, a murmur goes through the room and a few things are forgotten later :-D
If you light 3% of your assets on fire - does it change your lifestyle, ambitions or something else? The tip itches for a moment, a murmur goes through the room and a few things are forgotten later :-D
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