Microsoft's $69 Billion Takeover of Activision Blizzard Clears Major Hurdles

Wibbitz Top Stories 2023-07-17

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Microsoft's $69 Billion , Takeover of Activision Blizzard , Clears Major Hurdles .
On July 16, Microsoft announced a new deal with
Sony to keep its popular 'Call of Duty' franchise on the PlayStation console after the acquisition
of Activision Blizzard.
On July 16, Microsoft announced a new deal with
Sony to keep its popular 'Call of Duty' franchise on the PlayStation console after the acquisition
of Activision Blizzard.
On July 16, Microsoft announced a new deal with
Sony to keep its popular 'Call of Duty' franchise on the PlayStation console after the acquisition
of Activision Blizzard.
NBC reports that Phil Spencer,
the head of Microsoft's Xbox division,
made the announcement via Twitter. .
We look forward to a future where
players globally have more choice
to play their favorite games, Phil Spencer, Head of Microsoft's Xbox division, via NBC.
Microsoft's high-profile $69 billion takeover
of Activision Blizzard has resulted in
a months-long confrontation with Sony. .
In an attempt to persuade global regulators,
Microsoft has reached deals with Nintendo
and major cloud gaming providers.
In an attempt to persuade global regulators,
Microsoft has reached deals with Nintendo
and major cloud gaming providers.
Those deals revolve around Microsoft offering
a license for Activision titles like the massively
successful 'Call of Duty' series.
NBC reports that Microsoft's freshly announced
deal with Sony inches the company closer
to completing the massive buyout.
NBC reports that Microsoft's freshly announced
deal with Sony inches the company closer
to completing the massive buyout.
On July 14, federal regulators' bid to block the
acquisition was rejected by a U.S. appeals court.
From Day One of this acquisition,
we’ve been committed to addressing
the concerns of regulators, platform
and game developers, and consumers, Brad Smith, Microsoft President, via NBC.
From Day One of this acquisition,
we’ve been committed to addressing
the concerns of regulators, platform
and game developers, and consumers, Brad Smith, Microsoft President, via NBC.
NBC reports that Microsoft has until July 18
to close the deal in order to avoid being
hit with a $3 billion termination fee.

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