3 ms·
Is it even legal to allow the acquiring company to direct your activities before the deal closes? It seems like it could run afoul of anti-trust laws if you ar
by adrianmonk 8y ago
Is it even legal to allow the acquiring company to direct your activities before the deal closes?
It seems like it could run afoul of anti-trust laws if you are functioning as one company in a situation where the merger might not get government approval.
I also wonder if it could cause liability issues because, until the deal closes, you are obligated to do what your current owners want you to, not your hypothetical (but probable) future owners. Especially if you are a public company and those owners are shareholders that you probably have certain legal obligations toward.
- ztjio 8y agoRegardless of legality it doesn't seem like they are running this show. Take for example the fact that Microsoft projects in Github are STILL undergoing verification. If MS was pulling strings there'd be no reason for that at all. Just instant verifications all around. There may be some unspoken preference towards MS or something, but, if so, it's not super evident. And given the pre-existing relationship between devs at both companies, it could also just have been there beforehand. It would be pretty impossible to know.