Europe Approves Microsoft + Bethesda! But Reports WRONG on USA (VL430)

Channel:
Subscribers:
115,000
Published on ● Video Link: https://www.youtube.com/watch?v=xTLF6cDjD5g



Game:
Crowfall (2021)
Duration: 17:28
3,137 views
302


The European Union (through its European Commission) has approved the Microsoft + Bethesda merger! That's big news, but apparently not big enough for several major gaming news outlets like GamesIndustry, IGN, Kotaku, and more.

But as we've talked about in this space, while there is much to be commended in investigation via diving through Microsoft's SEC EDGAR filings, Form S-4 and the Securities and Exchange Commission (SEC) aren't the answer.

Big stuff today, but let's get the facts right...in Virtual Legality.

#Microsoft #Zenimax #Merger

***
HELP SUPPORT THE CHANNEL

PATREON - https://www.patreon.com/VirtualLegality
STREAMLABS - https://streamlabs.com/richardhoeg
STORE - https://teespring.com/stores/hoeg-law-store

***
Discussed in this episode:

"US Securities & Exchange Commission has approved Microsoft/ZeniMax acquisition"
Tweet - March 8, 2021 - GamesIndustry
https://twitter.com/GIBiz/status/1368918927288524803

"Microsoft's ZeniMax acquisition approved by SEC"
GamesIndustry - March 8, 2021
https://www.gamesindustry.biz/articles/2021-03-08-microsofts-zenimax-acquisition-approved-by-sec

"Microsoft's acquisition of ZeniMax (which includes Bethesda) has taken two major steps towards completion"
Tweet - March 8, 2021 - IGN
https://twitter.com/IGN/status/1368924779445633024

"Microsoft-Bethesda Acquisition Takes Two Major Steps Towards Completion"
IGN - March 8, 2021
https://www.ign.com/articles/microsoft-bethesda-acquisition-takes-two-major-steps-towards-completion

"Regulators Approve Microsoft's $7.5 Billion Acquisition Of Bethesda Parent Company Zenimax Media"
Kotaku - March 8, 2021
https://kotaku.com/regulators-approve-microsofts-7-5-billion-acquisition-1846429087

Microsoft EDGAR Filings
As of March 5, 2021
https://www.sec.gov/cgi-bin/browse-edgar?CIK=0000789019&action=getcompany

Microsoft Form S-4 Filing - Notice of Effectiveness
Effective March 4, 2021
https://www.sec.gov/Archives/edgar/data/789019/999999999521000839/9999999995-21-000839-index.htm

Microsoft's S-4 Prospectus (as amended)
https://www.sec.gov/Archives/edgar/data/789019/000119312521069628/d30757d424b3.htm

"NOT MERGED YET: On Microsoft, Bethesda, and Securities Law (Form S-4) (VL429)"
YouTube Video - March 5, 2021 - Hoeg Law
https://youtu.be/sQVoK8S6JVE

"Microsoft to acquire ZeniMax Media and its game publisher Bethesda Softworks"
Microsoft Press Release - September 21, 2021
https://news.microsoft.com/2020/09/21/microsoft-to-acquire-zenimax-media-and-its-game-publisher-bethesda-softworks/

"EU approves Microsoft’s $7.5 billion Bethesda acquisition"
The Verge - March 8, 2021
https://www.theverge.com/2021/3/8/22315104/microsoft-bethesda-acquisition-eu-approval-deal

"Premerger Notification and the Merger Review Process"
FTC Website
https://www.ftc.gov/tips-advice/competition-guidance/guide-antitrust-laws/mergers/premerger-notification-merger-review

***
"Virtual Legality" is a continuing series discussing the law, video games, software, and everything digital, hosted by Richard Hoeg, of the Hoeg Law Business Law Firm (Hoeg Law).

CHECK OUT THE REST OF VIRTUAL LEGALITY HERE:
https://www.youtube.com/playlist?list=PL1zDCgJzZUy9YAU61GoW-00K0TJOGnPCo

DISCUSSION IS PROVIDED FOR INFORMATIONAL PURPOSES ONLY AND IS NOT TO BE CONSTRUED AS LEGAL ADVICE. INDIVIDUALS INTERESTED IN THE LEGAL TOPICS DISCUSSED IN THIS VIDEO SHOULD CONSULT WITH THEIR OWN COUNSEL.

***
Twitter: @hoeglaw
Web: hoeglaw.com

***
DESIGN WORK
Joe Ellis (Logo Design)
Chris Leroux (Motion Graphics)
For more information: contact Chris at @Chrisleroux on Twitter.

PODCAST VERSIONS ALSO AVAILABLE




Other Videos By Hoeg Law


2021-03-25The New Censors - Game Developers Attack Six Days in Fallujah (VL438)
2021-03-24DC Statehood - Problems and Possibilities: A Legal Discussion (VL437)
2021-03-23Microsoft + Discord? Not So Fast... (VL436)
2021-03-22Are Video Games Headed (Back) to the Supreme Court? (VL435)
2021-03-20Zach Snyder's Justice League - A LIVE Hoeg Law Postmortem
2021-03-19Xbox's BIG Week: A BIG Week for Game Pass, PlayStation (!), and Gamers (VL434)
2021-03-17Activision, Layoffs, and CEO Bobby Kotick - "The $200 Million Man" (VL433)
2021-03-15EAGATE, FIFA, Loot Boxes and the Risk to the Gaming Industry (VL432)
2021-03-12Is OUTRIDERS Coming to Xbox Game Pass? (VLExtra)
2021-03-09Microsoft + Bethesda Is Official! But About Those Exclusive Games... (VL431)
2021-03-08Europe Approves Microsoft + Bethesda! But Reports WRONG on USA (VL430)
2021-03-06WandaVision - A LIVE Hoeg Law Postmortem
2021-03-05NOT MERGED YET: On Microsoft, Bethesda, and Securities Law (Form S-4) (VL429)
2021-03-04Marvel's Avengers: Square Enix Unlocks the Grind Stone (VL428)
2021-03-02Dr. Disrespect and the Myth of Twitch Transparency (VL427)
2021-03-01That Sinking (City) Feeling: Did Publisher Nacon Pirate Frogwares Title? (VL426)
2021-03-01A Lawyer Reads...A Game Publishing Agreement! (Part VII: Paying for Problems) (VL425)
2021-02-27Question Time Live! (February 2021)
2021-02-25Grand Theft Legislature: Can Illinois REALLY Ban Violent Video Games? (VL424)
2021-02-24BioWare, EA, and Anthem's Final Sour Note (VL423)
2021-02-24Fallout 4 Fallout for Microsoft + Bethesda? (VL422)



Tags:
Microsoft
Bethesda
Zenimax
vault
Purchase
Acquisition
Sale
merger
Xbox
Xbox Series X
$7.5B
industry
Deal
News
gaming news
entertainment news
Hoeg
Rick Hoeg
Richard Hoeg
Hoeg Law
law
Legal
Legality
Virtual Legality
lawyer
games
video games
videogames
gaming
business law
transaction
EU
Securities law
SEC
Form S-4
Exchange
Securities Act
Registration
Europe
European Union
Approves
Reporting
Error
Kotaku
IGN
GamesIndustry
Games Journalism
all cash
Note Exchange