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Chebucto Regional Softball Club

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  3. This has got to be some form of vulture capitalism.
A forum for discussing and organizing recreational softball and baseball games and leagues in the greater Halifax area.

This has got to be some form of vulture capitalism.

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  • ? Offline
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    Guest
    wrote last edited by
    #1
    This has got to be some form of vulture capitalism. They will sell off all the IP and physical property, either directly or by spinning off divisions into new companies to sell off. Then sell off any other pieces of the company that they can, and finally they'll take all that income as bonuses for the new owners and leave the remains of EA with nothing but debt and no option other than to file for bankruptcy. Same thing that was done to companies like Toys-R-Us but on a larger scale.
    ? M 2 Replies Last reply
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    • ? Guest
      This has got to be some form of vulture capitalism. They will sell off all the IP and physical property, either directly or by spinning off divisions into new companies to sell off. Then sell off any other pieces of the company that they can, and finally they'll take all that income as bonuses for the new owners and leave the remains of EA with nothing but debt and no option other than to file for bankruptcy. Same thing that was done to companies like Toys-R-Us but on a larger scale.
      ? Offline
      ? Offline
      Guest
      wrote last edited by
      #2
      That was exactly my thought. Extract cash for the owners through massive cuts, gut the company and discard the husk. Classic leveraged buy out scheme.
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      • ? Guest
        This has got to be some form of vulture capitalism. They will sell off all the IP and physical property, either directly or by spinning off divisions into new companies to sell off. Then sell off any other pieces of the company that they can, and finally they'll take all that income as bonuses for the new owners and leave the remains of EA with nothing but debt and no option other than to file for bankruptcy. Same thing that was done to companies like Toys-R-Us but on a larger scale.
        M This user is from outside of this forum
        M This user is from outside of this forum
        mnemonicmonkeys@sh.itjust.works
        wrote last edited by
        #3
        Thing is, could they even get enough from selling the IP to cover the purchase?
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        • M mnemonicmonkeys@sh.itjust.works
          Thing is, could they even get enough from selling the IP to cover the purchase?
          ? Offline
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          Guest
          wrote last edited by
          #4
          Probably not and they have no intention to. They will give themselves bonuses and stock dividends that will eat up all the income from selling the IP (and everything else) and then leave the company with nothing but debt forcing it to declare bankruptcy.
          ? M 2 Replies Last reply
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          • ? Guest
            Probably not and they have no intention to. They will give themselves bonuses and stock dividends that will eat up all the income from selling the IP (and everything else) and then leave the company with nothing but debt forcing it to declare bankruptcy.
            ? Offline
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            Guest
            wrote last edited by
            #5
            Don't they need to get at least $36 billion from that for it to be worth it?
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            • ? Guest
              Probably not and they have no intention to. They will give themselves bonuses and stock dividends that will eat up all the income from selling the IP (and everything else) and then leave the company with nothing but debt forcing it to declare bankruptcy.
              M This user is from outside of this forum
              M This user is from outside of this forum
              mnemonicmonkeys@sh.itjust.works
              wrote last edited by
              #6
              No shit. My question is whether there's enough value in EA's IP get more than their investment money out of doing that. If the IP isn't worth enough, they can't get their money back, no matter what method they use to extract it
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