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Society & Culture
Virtual Legality Episode 247

Will WB Games Really Be Sold? A Corporate Lawyer's View

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1y Jun 16, 2020
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Rumors swirl. WB may (or may not) be for sale. It's buyer might be Take-Two? Or Electronic Arts (EA)? Or Activision? It's price? $4 billion. Or maybe it's only "about" that much.

Join us as we take a look at things from a mergers and acquisitions attorney's perspective, where even a five-paragraph anonymously sourced story can get the mind moving.

It's time for Mortal (legal) Kombat...Virtual Legality.

#WBGames #Sale #Rumors


Discussed in this episode:

"AT&T seeks sale for Warner gaming unit, could fetch about $4 billion, sources say"
CNBC - June 12, 2020 -Alex Sherman
https://www.cnbc.com/2020/06/12/att-seeks-sale-for-warner-gaming-unit-could-fetch-4-billion.html

"Term Sheet Proposed Merger"
https://www.sec.gov/Archives/edgar/data/1072971/000119312507011975/dex991.htm

"AT&T in talks to sell WB games business in possible $4 billion deal: report"
MarketWatch - June 12, 2020 - Wallace Witkowski
https://www.marketwatch.com/story/att-in-talks-to-sell-wb-games-business-in-possible-4-billion-deal-report-2020-06-12

"S&P 500 ends at 4-month high as stocks rise after strong economic data"
MarketWatch - March 13, 2019 - Sue Chang and Chris Matthews
https://www.marketwatch.com/story/stock-market-poised-for-tepid-rise-but-dow-remains-under-pressure-amid-boeing-737-8-woes-2019-03-13

WB Games Homepage
https://www.wbgames.com/

"The Boy Who Lives: Warner Bros Sets Harry Potter Global Development Team"
Deadline - July 30, 2014 - Nancy Tartaglione
https://deadline.com/2014/07/the-boy-who-lived-warner-bros-creates-harry-potter-global-franchise-development-team-jk-rowling-812082/

"Warner Bros. Interactive Entertainment" (and subsidiaries)
Wikipedia
https://en.wikipedia.org/wiki/Warner_Bros._Interactive_Entertainment

"FORM OF TRADEMARK LICENSE AGREEMENT"
https://www.sec.gov/Archives/edgar/data/1452016/000119312509163904/dex1012.htm


"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.


Blog: hoeglaw.wordpress.com

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About Hoeg Law

The Hoeg Law Firm is a business law firm with big law experience and a small firm approach focusing on start-ups, technology, financing, and everything else a business might need.


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