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Tuesday, January 18, 2022

Microsoft (MSFT) to Buy Activision Blizzard (ATVI) in $69 Billion Gaming Deal - Bloomberg

Microsoft Corp. agreed to buy Activision Blizzard Inc. in a $68.7 billion deal, uniting two of the biggest forces in video games to create the world’s third-biggest gaming company.

In its largest purchase ever, Microsoft will pay $95 a share in cash for one of the most legendary gaming publishers, known for titles like Call of Duty and World of Warcraft but which is also grappling with a cultural upheaval over its treatment of women. 

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