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Microsoft - keep your filthy hands off Valve, leak shows MSFT would buy Valve
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I remember when they bought Rare, then squandered it. They pretty much solely did it to try and stop Nintendo making better games than them.
They bought Bethesda because they feared Starfield would become a (timed) PlayStation exclusive. They just bought the entire publisher... And now Activision is next.
Having said that I'm not a fan of Sony buying Bungie to use their "live service" expertise either.
Bungie's been selling themselves out to one megacorporation after another for more than 20 years now. If Sony hadn't bought them, someone else would've.