Looks like top management has completely given up on gaming following the disastrous acquisitions of Activision and Zenimax.
They've killed their first party studios, their hardware and now their last remaining thing which was the game pass.
Always remember, Fitgirl is free.
Valve is privately owned and consists of about 350 employees. Not in a million years would they ever acquire a division of about 20k people, especially from Microsoft of all places.