Worlds Inc (WDDD)

[LouisDesyjr]

Legal ramifications ATVI buying WDDD

There are almost none. It is perfectly legal to buy up another company that you are in the middle of a lawsuit with, and then stopping the lawsuit. The only possible problem is that ATVI would need to make sure that minority shareholders of WDDD got 'fair value' for whatever happens. i.e. ATVI can't buy a majority and then freeze out the minority shareholders from getting any value by licensing the patents for nothing. Of course, if that did happen it would take all kinds of money in legal fees to win such a case.

Louis J. Desy Jr.