Re:Microsoft to Acquire Activision Blizzard
by post-it on Tuesday January 18, 2022 @10:07AM
(#29980235)
Microsoft is spending $70 billion all-cash on this, an extra quarter billion isn't much. I don't expect they'll cut him loose until after all the ink is dry.
Re:Microsoft to Acquire Activision Blizzard
by techdragon on Tuesday January 18, 2022 @10:13AM
(#29980327)
How long is that valid for? Also does buyout by Microsoft count as a “change of control” … I’d bet Microsoft would wait out whatever time span that’s valid for and then immediately refuse to give him another one and can him…
Re:Microsoft to Acquire Activision Blizzard
by JaimeThompson on Tuesday January 18, 2022 @09:51AM
(#29979977)
Agreements like that are evidence that boards don't always take into account the health of the company as a whole when making decisions.
Re:Microsoft to Acquire Activision Blizzard
by robertlagrant on Tuesday January 18, 2022 @10:44AM
(#29980801)
Looks like he'd be terminating "with good reason" himself after a change of control and getting $292m?
Re:Microsoft to Acquire Activision Blizzard
by throwawaysea on Tuesday January 18, 2022 @10:14AM
(#29980339)
Aren’t those types of severance packages typically invalid if you’re fired for good cause (like sexual harassment)?
So that might be part of it.
https://twitter.com/stephentotilo/status/1407658278893592579