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29
“We are all looking forward to joining the Tencent family of studios,” said Steve Goldstein (www.businesswire.com)
posted 3 years ago by Afks 3 years ago by Afks +29 / -0
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▲ 22 ▼
– Brennus 22 points 3 years ago +22 / -0

It’s really difficult for epic to be hostile taken over. Their stock is not publicly traded. They invited tencent in.

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▲ 8 ▼
– TheImpossible1 8 points 3 years ago +10 / -2

Google formed a task force to tank the value of Epic and try to pursuade Tencent and all other holders to sell to them so that they could make an example of Epic.

It was revealed in the court case.

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▲ 8 ▼
– Brennus 8 points 3 years ago +8 / -0

They would still be minority share holders if they tanked the value and convinced tencent and all of the other shareholders to sell. Sweeney still has more than 50% of the stock and he has no need to sell.

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▲ 1 ▼
– TheImpossible1 1 point 3 years ago +3 / -2

What happens if near half a company is held by people who want to kill it?

Has it ever happened?

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▲ 6 ▼
– Brennus 6 points 3 years ago +6 / -0

It would still be less than half and Sweeney would vote down any idea he did not like, like he does now. They would only be entitled to dividends the shares pay out (if any) and the ability to sell their current stake in the company.

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▲ 1 ▼
– BidenLikesMiners 1 point 3 years ago +1 / -0

link me plz bros

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