Microsoft’s Acquisition of Activision Blizzard Has Been Confirmed Elsewhere

Microsoft’s Acquisition of Activision Blizzard: There has been no letup in Microsoft’s pursuit of the acquisition of Activision Blizzard. According to Reuters, Serbia has given its “unconditional” approval of the deal.

Microsoft’s Acquisition of Activision Blizzard

This is in line with recent legalizations in countries like Brazil and Saudi Arabia. The Reuters article did not elaborate on the conditions under which Serbia granted its assent.

Microsoft’s proposed acquisition of Activision Blizzard continues to be the subject of intense scrutiny and criticism from authorities and lawmakers in the United Kingdom, Europe, and the United States. Recent rumors have suggested that Microsoft will make concessions in the EU to help the deal go through, such as agreeing to a 10-year licensing deal with Sony to keep Call of Duty on PlayStation.

Microsoft's Acquisition of Activision Blizzard
Microsoft’s Acquisition of Activision Blizzard

The FTC is “expected” to initiate an antitrust complaint against Microsoft’s proposed attempt to acquire Activision Blizzard, as was stated in a recent news article. Politico claims that the FTC has already deposed Microsoft CEO Satya Nadella and Activision Blizzard CEO Bobby Kotick as part of their inquiry.

Microsoft has stated that it is primarily interested in acquiring Activision Blizzard not to make Call of Duty exclusive to Xbox but rather to acquire Candy Crush from Activision Blizzard and obtain a presence in the rapidly growing mobile games industry.

Frequently asked questions

The boards of directors of both corporations have accepted the merger, and it is scheduled to be finalized in 2023, pending approval from foreign governments’ regulatory bodies.

What does Microsoft’s acquisition of Activision mean?

With this acquisition, Microsoft would gain control of several popular game series, including the Call of Duty, World of Warcraft, and Candy Crush series. The president of Microsoft’s Xbox division, Phil Spencer, will now also head the newly formed Microsoft Gaming division.

How much is Microsoft buying Activision per share?

Based on Activision’s upcoming videogame releases, the two predict that the firm will have a successful 2023. On Monday, the stock of Activision was upgraded to a Buy with an $81 price objective. Microsoft is paying $95 per share for Activision, which is a significant premium.

What happens to my Activision stock when Microsoft buys it?

Assuming the acquisition receives regulatory approval, Microsoft will be able to offer $95 per share to acquire Activision stockholders. This is a quick 25% profit, as was mentioned before. Very respectable return on such a brief investment.

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