this post was submitted on 26 Jan 2024
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Xbox Is Not Your Friend (www.kotaku.com.au)
submitted 10 months ago by [email protected] to c/games
75 comments fedilink hide all child comments
 

After laying off almost 2,000 people, Xbox finds itself in a position at odds with the community-first image it has cultivated for itself.

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[โ€“] [email protected] -2 points 10 months ago* (last edited 10 months ago) (1 children)

yeah I see your point but at that point it's not hostile since I'm pretty sure that Valve has 51% between board members based on their culture and hierarchy.

[โ€“] sugar_in_your_tea 8 points 10 months ago

The definition of "hostile takeover" is getting 51% w/o a formal agreement. So if MS approached everyone independently and got 51%, it's a hostile takeover. And they don't need 51% control through their own entity, they can pay independent people to do so.

I think that's unlikely to happen, but it's possible.