Last year, Adobe acquired Figma for $20B. Will another company acquisition happen this year for over $20B?
Note: I will count stock in the purchasing company to be marked to market at the time of the deal. In the Figma case, it was roughly $20B because half of it was Adobe stock. I would count that as a $20B acquisition.
I also won't count a merger between companies, only an acquisition.
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Resolves YES with Microsoft buying Activision Blizzard.
@Gabrielle Don’t agree. The example used in the description was the Adobe-Figma deal. This deal actually still hasn’t been consummated as the MSFT-ATVI deal has today, both were definitive agreements signed in 2022.
I think the reading based on the example in the description should be ‘definitive agreement’.
https://www.sec.gov/Archives/edgar/data/718877/000110465922005156/tm223212d8_defa14a.htm
https://www.sec.gov/Archives/edgar/data/796343/000114036122033413/ny20005310x2_8k.htm
@c0m A definitive agreement isn’t an acquisition though, it’s an agreement to do an acquisition at a later date. In any case, if we’re considering definitive agreements, then we should resolve YES on ExxonMobil acquiring Pioneer
https://www.nytimes.com/2023/10/11/business/economy/exxon-mobil-pioneer-natural-resources.html
Exxon Mobil announced on Wednesday that it was acquiring Pioneer Natural Resources for $59.5 billion
@Gabrielle This looks like it! Can’t really read the description any other way. @MarcusAbramovitch
When does the acquisition “event” become confirmed? & can you answer the other questions @MarcusAbramovitch