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A comment on Microsoft to lay off 11,000 employees. Parent comment

Re:Microsoft to lay off 11,000 employees by KptMarchewa on Tuesday January 17, 2023 @03:46PM (#34418768)
I really, really doubt that acquisition is 100% cash.
[ Parent | on HN ]
Re:Microsoft to lay off 11,000 employees by CamelCaseName on Tuesday January 17, 2023 @04:12PM (#34419214)
It is all cash.

> As announced on January 18, 2022, Microsoft plans to acquire Activision Blizzard for $95.00 per share in an all-cash transaction.

https://www.businesswire.com/news/home/20230111005882/en/Act...

[ Parent | on HN ]
Re:Microsoft to lay off 11,000 employees by Kon-Peki on Tuesday January 17, 2023 @04:59PM (#34419985)
In this context, "all-cash transaction" means that the Activision shareholders get cash for their shares and not some combination of cash and MSFT shares.

Where and how MS got that cash is not being addressed.

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Re:Microsoft to lay off 11,000 employees by KptMarchewa on Wednesday January 18, 2023 @04:29PM (#34433367)
Interesting. Still, large parts of that cash could be financed. I doubt Microsoft would just spend 70% of their war chest on a single transaction like this.
[ Parent | on HN ]