Comment on It turns out Saudi Arabia will own 93.4 percent of EA if the buyout goes through, which is effectively all of it

DaMummy@lemmy.world ⁨5⁩ ⁨hours⁩ ago

• ivanafterall@lemmy.world ⁨5⁩ ⁨hours⁩ ago

  This guy maths.

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• motor_spirit@lemmy.world ⁨4⁩ ⁨hours⁩ ago

  But they’re not equal, hence the phrasing

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  • pennomi@lemmy.world ⁨4⁩ ⁨hours⁩ ago

    They are saying it’s redundant, and therefore unnecessary.

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    • nogooduser@lemmy.world ⁨4⁩ ⁨hours⁩ ago

      Yeah but it isn’t really redundant (even if it could have been worded better). Someone might believe that the other shareholders have some say in how the company operates when they won’t.

      So, as far as control over the company is concerned, the Saudis have 100% control even though they don’t have 100% of the shares.

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    • Fondots@lemmy.world ⁨3⁩ ⁨hours⁩ ago

      If you haven’t noticed there’s a lot of people out there are incredibly dumb, and don’t understand basic math, let alone how a company like EA works.

      I can guarantee you that there are more dipshits out there than you’d think who would look at that number and say “well it’s less than 100 percent, so they don’t have total control, so what’s the big deal?”

      Now as for whether any amount of clarification is enough to convince those idiots that that’s not how things work, that’s a fair question.

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