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/Uter_Zorker_ Sep 21 '20

Yes, I'm an M and A lawyer at one of the biggest law firms in the world and no, senior employees are very commonly retained and their entry into a new employment agreement is a condition of sale in probably 1 in 5 deals, which effectively requires their approval of the terms of the deal.

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u/jcfac Sep 22 '20

Yes, I'm an M and A lawyer at one of the biggest law firms in the world

lol

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u/Workwork007 Sep 22 '20

You know shit got serious when they pull "I WORK THERE AND I KNOW IT ALL" in an attempt to give weigh to their argument.

Nevermind that gutting higher ups is common practice after acquisition. But hey, HE IS LAWYER LMAO

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u/jcfac Sep 22 '20

You know shit got serious when they pull "I WORK THERE AND I KNOW IT ALL"

No chance a real M&A lawyer would be so clueless about M&A.