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Tuesday, August 23, 2016 7:30:10 PM
- rumors of vrng and WDDD from where? You? The Internet? That's not rumors, that's bored retail investors sorry!
- atvi buy out of WDDD -this silly concept was beaten to death in goog vs vrng, the fact you're suggesting it here is piling on the absurdity
- let me explain something to you about how hostile bids work.
A. A company can buy up to 4.9% of the outstanding shares of a company.
B. Once the buyer breaches 5% then must file an early warning report w the sec to inform both the company who's stock they've acquired and obviously the market
C. If that happens, the company who's stock has been acquired simply puts a poison pill in place and or uses other defense tactics
D. Not undertaking a hostile bid is no indicator of atvi's view on validity. In fact, the simple reality of them using a proxy (bungie) to file the IPR with a crooked PTAB shows you they are actually scared, as does their counsel's comments in district court for the Markman. If you read Bungie's defense filings you'd also realize their game is simply to pray the PTAB treats an NPE differently than an operating company when it comes to validly. That type of defense actually shows they are worried, and they are hoping the PTAB simply acts in a crooked manner.
E. I would suggest rather than continuing to comment on things you are very unaware of given your lack of current diligence you simply move on, as your commentary is highly innacurate.
Good luck
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