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Microsoft wins FTC fight to buy Activision Blizzard
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Kotick gets rewarded by the deal going through. Billions of dollars from the sale. Worst case for him after that is a few hundred million from a golden parachute if he's fired. We have no real reason to think he will (or won't, to be clear) be fired though, so there's a very real chance this is full reward for him: giant piles of money and continues to get to run Activision-Blizzard, just with Microsoft bosses above him.
The deal going through isn't something you want if you hate him.
He was filthy rich anyway, a few hundred million more doesn't make any difference. If the deal gets him out, then that's still a small win, despite Microsoft owning even more developers
The only reason I'm for the merger is that I know how much Microsoft can affect a corporations executive structure. I would hope they are already planning to replace him already, but either way he won't last when he gets tossed into MS' culture.
At least, that is what I'm hopping.