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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.
On January 18, 2022, Microsoft announced its intent to acquire Activision Blizzard for $68.7 billion in an all-cash deal, or approximately $95 per share. Activision Blizzard's stock price jumped nearly 40% that day in pre-market trading.
In the latest trading session, Activision Blizzard, Inc (ATVI) closed at $72.50, ... News. 24/7 help. For premium support please call: 800-290-4726 more ways to reach us. Login / Join.
Activision stock is down after the UK's antitrust regulator raised competition concerns about Microsoft's proposed $69 billion purchase of the "Call of Duty" maker.
By January 2021, the company's net value was estimated to be $72 billion based on its stock trading price due to the ongoing demand for video games from the COVID-19 pandemic. [63] The Public Investment Fund of Saudi Arabia acquired 14.9 million shares of Activision Blizzard, valued at $1.4 billion, in February 2021. [64]
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 ...
Activision Blizzard (NASDAQ:ATVI) has continued to slump recently. Activision stock sold off on Friday after issuing disappointing guidance. ATVI has also become caught in the overall market ...
Activision Blizzard (ATVI) shares jumped in pre-market after Microsoft (MSFT) announced it will acquire the video game publisher for $95 dollars per share. The deal is valued at $68.7 billion.