taken over is not the same as hostile taken over. hostile is when company A buys slowly company B over the period of few years against the wishes of management who cannot do anything against that (shareholders can fight it tough by simply voting a no sale policies if they think company A is getting too much power inside the company. there are other methods too)
a private company can be taken over anytime (unless there is an issue of monopoly) when shareholders agree to do that. it cannot be hostile, but it is 'take over'
list of people with nonsense descriptions (although witty)Does anyone else know if Gabe is the only shareholder?
no idea to be honest who is second in command. Isn't it faliszek?
then he won't retire. he won't be running company on daily basis but as an owner he will have responsibilities. he can keep shares for himself tough and retire from doing anything and having any real responsibility but he would have to get rid of most of his shares in the company... if he is currently main owner of the whole company. without actually seeing their constitution and few other documents its hard to speculate on how likely is for valve to become part of EA or Act in case of Gabe telling everyone to fuck off or in case of his death.If he does want to retire he can always appoint someone else to run the company while still owning it. It's not an either/or.
more than fifty percent of the company and the company is not publicly traded. Gabe owns the company. Simple as that.
The company has no shareholders. It cannot be taken over. Gabe owns it all (or the equivalent of all of it)!
shares is not the same as stock.
and yeah. what i am saying that yes. it can be taken over. because you can sell company. gabe can sell it. if he is sole owner he doesn't need to answer to anyone. but if he is not sole owner even if he has majority of shares, he has to ensure minority is not hurt or put in disadvantage.
and when he sells his shares in a company (not stock. that's different) that will be a takeover (for example EA will buy valve. it will take over Valve)
Apologies for capitalizing but really? That is your argument?
You can't buy/own any of it if they aren't selling any of it.
At the moment, there is no way to own any of Valve.
To the best of my knowledge, Valve are not distributing either shares or stock. Please, point me to sources if I am wrong.
No company needs to sell things publicly. If they are making enough cash without doing that risky business (oh, hello Steam), they have no need to.
Also this whole discussion is pointless, Gabe isn't selling Valve and EA couldn't afford to buy Valve. Valve is still growing at an impressive rate and they have plans to enter the hardware market. In the next 5-10 years it's entirely possible that Valve will be larger than Activision/Blizzard. In fact it's entirely possible that Valve's total equity is greater than EA's already.
apparently in UK the takeover is indeed used solely for public companies (but it does not need to be hostile) for private it is acquisition.
A mistake on my part for assuming we all speak one language. In Australia it is "take over". Acquisition, buy out, same. You can use the term "take over" to discuss how private company was sold off to another party.
I agree. Highly unlikely.Also this whole discussion is pointless, Gabe isn't selling Valve and EA couldn't afford to buy Valve. Valve is still growing at an impressive rate and they have plans to enter the hardware market. In the next 5-10 years it's entirely possible that Valve will be larger than Activision/Blizzard. In fact it's entirely possible that Valve's total equity is greater than EA's already.
Valve, I have half a pack of liquorice Allsorts and a a spare change jar with at least £2.39 in that could all be yours if you accept my buy out offer. Interested?
My books wot I wrote:
Read my other stories: http://tessstenson.blogspot.co.uk/
Lukaz, but you cannot "take over" a company that is not for sale. We were referring specifically to how EA could not buy into shares, but the same applies to buying of any kind if Gabe is not selling.
Think of a number, add more zeros to it. Then double it. Then times it by the number of starts in the universe and offer it in $$$ to Gabe. He will still say no, because he does not want (or is that need?) the money, but does want to own the company known as Steam. With Gabe out of the picture, then yes, we could expect trading, selling or the entire company to turn into a balloon factory for all it's worth.
Fine have it your way. :P
"RPS is not safe right now. There is a risk they could be taken over at any moment! Our sources tell us Techy Ben has offered £1 to buy them out in a hostile takeover of the company. More news at 6."
Do you agree with the above statement? If not, the same applies to Valve...