this post was submitted on 25 Jan 2024
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68 billion to acquire IP, but can't afford to pay the people who make and maintain it.
When such acquisitions are happening all what happens is that the stock/shares of one company (Activision/Blizzard in this example) is replaced by the stock/shares of another company (MS in this example) and the purchasing price is simply another way of discussing the stock exchange ratio. Company can have zero money to do that.