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UPDATED: Microsoft closed a $68.7 billion deal to acquire Activision Blizzard on Friday after getting the green light from regulators in the U.K., nearly two years after it was first announced.
The deal was set to close by July 18, 2023, after which Microsoft would owe Activision Blizzard $3 billion if the deal failed to close. However, the companies would be able to mutually extend the deadline, or if the deal expired, renegotiate the terms. [ 38 ]
Microsoft ( MSFT) on Friday finalized its $69 billion purchase of "Call of Duty" maker Activision Blizzard ( ATVI ), according to a regulatory filing from the company Friday, in what is the ...
Microsoft valued the Activision deal at $68.7 billion when it was first announced, “inclusive of Activision Blizzard’s net cash,” though Microsoft agreed to pay $95 in cash for each share of ...
Microsoft announced its intent to acquire Activision Blizzard for $68.7 billion on January 18, 2022. The acquisition was completed on October 13, 2023. [ 22] Activision Blizzard is a subsidiary of Microsoft Gaming along with Xbox Game Studios and ZeniMax Media.
By Paul Sandle and Yadarisa Shabong. LONDON (Reuters) -Xbox maker Microsoft closed its $69 billion deal for Activision Blizzard on Friday, swelling its heft in the video-gaming market with best ...
A U.S. appeals court on Friday rejected a bid by federal regulators to block Microsoft from closing its $68.7 billion deal to buy video game maker Activision Blizzard, paving the way for the ...
Microsoft's $69 billion deal to acquire "Call of Duty" developer Activision Blizzard was slated to close today, but regulatory hurdles and a last-minute appeal to the Supreme Court appear to be ...
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