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Will Microsoft buy Activision Blizzard for $69 billion?
On Tuesday, Microsoft said it’s buying video game publisher Activision Blizzard for almost $69 billion, a price that would narrowly eclipse the richest U.S. tech deal in history. In 2016, Dell purchased EMC for $67 billion. The JDS-SDL deal comes next, followed by IBM’s $34 billion acquisition of Red Hat, which closed in 2019.Will Microsoft pay $95 a share for Blizzard?
(I have no financial interest in the securities mentioned in this post). Microsoft has agreed to pay $95 a share for Activision ATVI +1.3% Blizzard. According to the New York Times NYT -0.2%, Redmond would pay $68.7 billion in cash for the maker Call of Duty and Candy Crush.Is Microsoft buying 'call of duty' maker Activision Blizzard?
Jan 18 (Reuters) - Microsoft Corp (MSFT.O) is buying "Call of Duty" maker Activision Blizzard (ATVI.O) for $68.7 billion in the biggest gaming industry deal in history as global technology giants stake their claims to a virtual future.What will Activision Blizzard do after the deal closes?
Once the deal closes, the Activision Blizzard business will report to Phil Spencer, CEO, Microsoft Gaming. “Gaming is the most dynamic and exciting category in entertainment across all platforms today and will play a key role in the development of metaverse platforms,” said Satya Nadella, chairman and CEO, Microsoft.- Terms & Agreement
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