this post was submitted on 22 Sep 2023
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[–] phx@lemmy.ca 28 points 1 year ago (2 children)

Given that Valve is a private company, I hope this would also mean that it's a bit harder for MS to attempt a hostile takeover by buying up majority stocks.

But yeah, MS can fuck right off. The only reason to buy Valve would be to reduce competition

[–] M500@lemmy.ml 1 points 1 year ago (1 children)

Since it’s a private company, they can’t perform a hostile takeover. There are no shares to buy.

[–] phx@lemmy.ca 1 points 1 year ago

Actually, private companies can still have shares - they're just not listed through a public stock markets - and the transfer of such generally need to be approved by the company.