This excerpt taken from the ATVI DEFA14A filed Dec 5, 2007.
Okay, so no issues. Most of the world that I followed materially underestimated the operating profits of Blizzard, obviously. They were well hidden. The second part deals with why did you take a two-step approach to the cash portion? Youre buying $1.7 billion of stock on step one and then within a short period of time, youre buying another $600 million. Is that a tax-driven - its too much of a nit. Lets do it offline. Okay, thank you. Congratulations to both of you.