Unprecedented shareholder meeting may signal hostile bid attempt on CD Project Red. - Polidicks

[url]http://www.eteknix.com/cd-projekt-may-preparing-hostile-takeover/[/url] [QUOTE]CD Project has called for an extraordinary general meeting of shareholders to be held on November the 29th. While that in itself doesn’t point toward a hostile takeover, the schedule for the day does.[/QUOTE]

Leave them alone

Oh no, i'll be damned if CD Project Red will be dismantled because of some greedy assholes.

Just how like Ubisoft is attempting to hold back Vivendi from doing a takeover. Videogame companies make a lot of money these days.

They sold off a lot of the company when it wasn't doing to hot, and now that they are rolling in the dosh, they are buying the shares back. Normal, really

-snip-

It's not what you think. The current party that's in power in Poland's government, the [del]Putinist/Neo-Nazi party Zmiana[/del] heavily conservative and Eurosceptic Law and Justice party, is one that the heads of CD Projekt have been [B][I]vocal[/I][/B] critics of in the past, including a rather scathing meta-joke about them in TW1's Polish script. Said party is currently trying to push an agenda to nationalize all the Pension Funds in the country and merge them under government control. Said Pension Funds, combined, hold 21% in total ownership of CD Projekt - 1% over the 20% threshold CD Projekt specified for being the hard-cap on voting-rights for shareholders. They're not defending against EA or Vivendi here, they're defending against Fascists in government seeking to punish them through methods involving having a large percentage of voting rights on their company's board.

[QUOTE=certified;51315612] It's not what you think. They're not defending against EA or Vivendi here, they're defending against Fascists in government seeking to punish them through methods involving having a large percentage of voting rights on their company's board.[/QUOTE] You do realize that's even worse (if true)?

[QUOTE=certified;51315612]It's not what you think. The current party that's in power in Poland's government, the Putinist/Neo-Nazi party Zmiana, is one that the heads of CD Projekt have been [B][I]vocal[/I][/B] critics of in the past, including a rather scathing meta-joke about them in TW1's Polish script. Said party is currently trying to push an agenda to nationalize all the Pension Funds in the country and merge them under government control. Said Pension Funds, combined, hold 21% in total ownership of CD Projekt - 1% over the 20% threshold CD Projekt specified for being the hard-cap on voting-rights for shareholders. They're not defending against EA or Vivendi here, they're defending against Fascists in government seeking to punish them through methods involving having a large percentage of voting rights on their company's board.[/QUOTE] Jesus this is fucked up. How'd a party like that get into power in the first place?

[QUOTE=TurtleeyFP;51315726]You do realize that's even worse (if true)?[/QUOTE] Yup. [QUOTE=jimbobjoe1234;51315793]Jesus this is fucked up. How'd a party like that get into power in the first place?[/QUOTE] Same way the rest of the Alt Right in Europe got into positions of power. "Immigrants" fear mongering and excessive amounts of Russian funding - The former of which is a problem the Russians created and are intentionally exacerbating. Also pardon, I was wrong. Did some more research. It's not Zmiana - They're a fringe party at the moment with their leader in prison for espionage (Guess who he was doing it for). It's the Law and Justice party, which while not Pro-Putin (Thank god) is [URL="http://www.dw.com/en/is-polands-governing-law-and-justice-party-dismantling-democracy/a-19184479"]heavily Eurosceptic and extremely right-wing[/URL].

[QUOTE=certified;51315612]It's not what you think. The current party that's in power in Poland's government, the Putinist/Neo-Nazi party Zmiana, is one that the heads of CD Projekt have been [B][I]vocal[/I][/B] critics of in the past, including a rather scathing meta-joke about them in TW1's Polish script. Said party is currently trying to push an agenda to nationalize all the Pension Funds in the country and merge them under government control. Said Pension Funds, combined, hold 21% in total ownership of CD Projekt - 1% over the 20% threshold CD Projekt specified for being the hard-cap on voting-rights for shareholders. They're not defending against EA or Vivendi here, they're defending against Fascists in government seeking to punish them through methods involving having a large percentage of voting rights on their company's board.[/QUOTE] Uhh sources?? There is a lot of blatantly wrong info there. Like the current ruling party is PiS which is neither Neo-Nazi nor Putinist. Zmiana isnt even registered. Did you just made this up?

man, CDPR being threatened in any way and in any amount is fucked they're easily (one of) the best studios related to gaming out there right now. They are hitting the bulls eye hard too. I can only imagine GOOD things coming from them.

[QUOTE=Kecske;51315914]Uhh sources?? There is a lot of blatantly wrong info there. Like the current ruling party is PiS which is neither Neo-Nazi nor Putinist. Zmiana isnt even registered.[/QUOTE] Already corrected. It was being thrown around on SomethingAwful and /v/ earlier that Marcin Iwinski was in a long-ongoing (Pre-dating The Witcher 1) personal feud with members of a conservative party in power (They neglected to say Law and Justice specifically) and my mind automatically assumed Zmiana for some reason since I heard about them several times as the big Alt Right party in Poland and groups like them are exactly the ones petty enough to punish critics when given power.

I bought Witcher 3 because I honestly wanted to support them. I used to not like fantasy games that much, I just wanted to donate to one of the last good studious out there. Now I love playing them thanks to these guys.

[QUOTE=certified;51315962]Already corrected. It was being thrown around on SomethingAwful and /v/ earlier that Marcin Iwinski was in a long-ongoing (Pre-dating The Witcher 1) personal feud with members of a conservative party in power (They neglected to say Law and Justice specifically) and my mind automatically assumed Zmiana for some reason since I heard about them several times as the big Alt Right party in Poland and groups like them are exactly the ones petty enough to punish critics when given power.[/QUOTE] Well I'd take both of those sources with a big grain of salt.

[QUOTE=Kecske;51315985]Well I'd take both of those sources with a big grain of salt.[/QUOTE] Well, I can tell you, at least one thing they said is true: [URL]http://www.reuters.com/article/poland-pensions-idUSL8N19Q134[/URL] This going through would give the Polish government, and by extension Law and Justice, a 21% stake in CD Projekt.

[QUOTE=certified;51316011]Well, I can tell you, at least one thing they said is true: [URL]http://www.reuters.com/article/poland-pensions-idUSL8N19Q134[/URL] This going through would give the Polish government, and by extension Law and Justice, a 21% stake in CD Projekt.[/QUOTE] I see what you mean, but looking at the shareholder structure the pension fund company only holds about 5% (and an insurance(?) company another 5%). Half of the shares are public float so that could be anything but I guess even in Poland you have to issue a notification if you bought more than 5% of the shares.

[QUOTE=certified;51315612]It's not what you think. The current party that's in power in Poland's government, the [del]Putinist/Neo-Nazi party Zmiana[/del] heavily conservative and Eurosceptic Law and Justice party, is one that the heads of CD Projekt have been [B][I]vocal[/I][/B] critics of in the past, including a rather scathing meta-joke about them in TW1's Polish script. Said party is currently trying to push an agenda to nationalize all the Pension Funds in the country and merge them under government control. Said Pension Funds, combined, hold 21% in total ownership of CD Projekt - 1% over the 20% threshold CD Projekt specified for being the hard-cap on voting-rights for shareholders. They're not defending against EA or Vivendi here, they're defending against Fascists in government seeking to punish them through methods involving having a large percentage of voting rights on their company's board.[/QUOTE] Wow, talk about sensationalist BS. You make it sound like the government actually did all that just because of some video game company. It's just a possible side effect of the fund merger which is a hugely big and important topic. CD Projekt Red is just a drop in the ocean here, completely irrelevant.

[QUOTE=AntonioR;51316241]Wow, talk about sensationalist BS. You make it sound like the government actually did all that just because of some video game company. It's just a possible side effect of the fund merger which is a hugely big and important topic. CD Projekt Red is just a drop in the ocean here, completely irrelevant.[/QUOTE] "Polish Government dismantles the private pension system in order to get voting rights in a videogame company" Headline of The Year material right here

[QUOTE=Kecske;51316314]"Polish Government dismantles the private pension system in order to get voting rights in a videogame company" Headline of The Year material right here[/QUOTE] Hehe, I'll make good use of this right here for the thread title in the event Law and Justice's pension plan goes through. Sensationalist headlines in Sensationalist Headlines must ride again. But yeah, I know. Their plan for the pension system isn't because of CD Projekt - But obviously Iwinski isn't comfortable with it either way. Not while a party he despises is in control. No major western company with any interest in games has made a mention of attempting a takeover in their recent quarterly reports, so at the very least I can tell you for sure that the usual suspects like Vivendi are cleanly crossed off.

So does this mean we should all download all the installers for the games we bought on GOG?

Why can't they do this after cyberpunk is out

Why do video game companies even bother going public anymore?

[QUOTE=rndgenerator;51318442]Why can't they do this after cyberpunk is out[/QUOTE] Because cyberpunk is dead, and every force of nature in the universe is fighting against it coming back to life. If they just went with Wichter 4, this would've never happened...

[QUOTE=Monkah;51318505]Because cyberpunk is dead, and every force of nature in the universe is fighting against it coming back to life. If they just went with Wichter 4, this would've never happened...[/QUOTE] You can't be serious

[QUOTE=certified;51315612]It's not what you think. The current party that's in power in Poland's government, the [del]Putinist/Neo-Nazi party Zmiana[/del] heavily conservative and Eurosceptic Law and Justice party, is one that the heads of CD Projekt have been [B][I]vocal[/I][/B] critics of in the past, including a rather scathing meta-joke about them in TW1's Polish script. Said party is currently trying to push an agenda to nationalize all the Pension Funds in the country and merge them under government control. Said Pension Funds, combined, hold 21% in total ownership of CD Projekt - 1% over the 20% threshold CD Projekt specified for being the hard-cap on voting-rights for shareholders. They're not defending against EA or Vivendi here, they're defending against Fascists in government seeking to punish them through methods involving having a large percentage of voting rights on their company's board.[/QUOTE] Yeah, Poland is going through some fucked up shit and it's really sad.