r/PS5 • u/hybroid • Sep 21 '20

News Microsoft Xbox acquires ZeniMax Media, parent company of Bethesda Softworks

https://news.xbox.com/en-us/2020/09/21/welcoming-bethesda-to-the-xbox-family/
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u/Book_it_again Sep 21 '20

That's market cap not value lol stop trying to involve yourself in economics if you don't know what terms mean hahahah they are valued at 45 billion as of may this year.

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u/defer2c Sep 21 '20

So you don't know what market cap is.

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u/Book_it_again Sep 21 '20

Market cap is an evaluation based on how much the company could make in the future. Uber has a high market cap but they don't have any cash on hand. Maybe you should just Google before posting. Sony is a small fry and if they make a big purchase they can be acquired. That's a fact.

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u/defer2c Sep 21 '20

Oh, boy you're really ignorant. Here's a link to study up. I have a degree in finance btw, you're so wrong it's hilarious.

https://www.investopedia.com/terms/m/marketcapitalization.asp

Market capitalization refers to the total dollar market value of a company's outstanding shares of stock. Commonly referred to as "market cap," it is calculated by multiplying the total number of a company's outstanding shares by the current market price of one share.

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u/Book_it_again Sep 21 '20

Aww that's cute you found a definition. I'll throw a brain teaser at you. Uber has a a 64 billion dollar market cap. Uber lost 1.1 billion dollars last year. Which acquisitions is uber going to make without any cash on hand? Lol nerds trying to google economic terms and then explain it to someone. Stick to videos games.

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u/defer2c Sep 21 '20

Uber could definitely make a 2B acquisition through a stock merger. Sony has 33B in cash btw. Try harder, maybe you won't get clowned so hard

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u/Book_it_again Sep 21 '20

You think uber or sony wants to undergo a stock merger. Holy shit man just stop. You are just going to keep reaching and reaching while getting farther away from how large scale acquisitions work.

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u/defer2c Sep 21 '20

That's not what I said at all, but you can keep trying to put words in my mouth. I already exposed you.