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The Real Reason Your Favourite Game Studios Are Getting Closed Instead Of Sold (www.thegamer.com)

submitted 1 month ago by ylai@lemmy.ml to c/gaming@lemmy.ml

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[–] Buelldozer@lemmy.today 17 points 1 month ago* (last edited 1 month ago) (1 children)

Something tells me that here in the United States of Greed, such a thing is ‘un-possible’, legally speaking.

It's not only possible it happens reasonably often. So often in fact that the "poison pill" idiom was created by companies who were doing just that.

Here's a Harvard Law paper on it.

[–] Boozilla@lemmy.world 6 points 1 month ago

I had heard of this, and I appreciate the link to the paper. It's one reason I used the term. My understanding of it is that these seldom actually work in practice. It did not help Twitter, for example. I appreciate the counter-argument. I definitely want this to be a thing.