Microsoft to Acquire Activision Blizzard for Nearly $70 Billion

[edwest4]

From today's Barron's:

By
Sabrina Escobar
Updated Jan. 18, 2022 1:14 pm ET / Original Jan. 18, 2022 8:39 am ET



Activision Blizzard shares were surging following Microsoft‘s announcement that it would acquire the gaming company in a nearly $70 billion deal.

Microsoft (ticker: MSFT) will acquire Activision Blizzard (ATVI) for $95 a share in an all-cash transaction valued at $68.7 billion, including Activision Blizzard’s net cash. The acquisition is Microsoft’s largest transaction ever.

 

[isayyo2]

Antitrust when? This is getting a bit ridiculous

 

[edwest4]

From today's Barron's:

Microsoft Is About to Get a Close Look From Regulators. Its Free Pass Is Over.​

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By
Eric J. Savitz
Updated Jan. 18, 2022 12:45 pm ET / Original Jan. 18, 2022 12:23 pm ET


Microsoft‘s proposed $68.7 billion deal to acquire videogaming giant Activision Blizzard poses an important test of the Biden Administration’s generally unfriendly view of large technology acquisitions. And it casts a new spotlight on a company that has lately avoided regulatory attention.

Most of the recent scrutiny around tech giants has focused on the dominance of online advertising by Facebook parent Meta (ticker: FB) and Google parent Alphabet (GOOGL); app stores run by Apple (AAPL) and Google; Amazon‘s (AMZN) commanding...