this post was submitted on 25 Jan 2024
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Microsoft lays off 1,900 Activision Blizzard and Xbox employees (www.theverge.com)
submitted 9 months ago by [email protected] to c/[email protected]
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[–] [email protected] 2 points 9 months ago

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.