Steve Posted January 18, 2022 Share Posted January 18, 2022 Quote Today, Microsoft Corp. (Nasdaq: MSFT) announced plans to acquire Activision Blizzard Inc. (Nasdaq: ATVI), a leader in game development and interactive entertainment content publisher. This acquisition will accelerate the growth in Microsoft’s gaming business across mobile, PC, console and cloud and will provide building blocks for the metaverse. Microsoft will acquire Activision Blizzard for $95.00 per share, in an all-cash transaction valued at $68.7 billion, inclusive of Activision Blizzard’s net cash. When the transaction closes, Microsoft will become the world’s third-largest gaming company by revenue, behind Tencent and Sony. The planned acquisition includes iconic franchises from the Activision, Blizzard and King studios like “Warcraft,” “Diablo,” “Overwatch,” “Call of Duty” and “Candy Crush,” in addition to global eSports activities through Major League Gaming. The company has studios around the word with nearly 10,000 employees. https://news.microsoft.com/2022/01/18/microsoft-to-acquire-activision-blizzard-to-bring-the-joy-and-community-of-gaming-to-everyone-across-every-device/ Oh, and lol..... 🤦♂️ Quote Link to comment Share on other sites More sharing options...
mfsop Posted January 18, 2022 Share Posted January 18, 2022 I hope that they manage Blizzard better than Activision did - how much worse could it become? Oh right, they could only care about the main titles and kill all series that threaten their own ones. Meh, let's see. Quote Link to comment Share on other sites More sharing options...
djdiggla Posted January 19, 2022 Share Posted January 19, 2022 I'm up ~25% on $ATVI. Current price is ~$82/share... $21/share short of their 52-week high. Floated price is all-cash $75B. Current outstanding shares are 778.89M so $MS is paying $96/29/share which is also under their 52-week so great deal for them. Thinking hold. IIRC the CEO got hit last Nov with me too charges. Stock dropped heavy so i bought. Quote Link to comment Share on other sites More sharing options...
broma Posted January 20, 2022 Share Posted January 20, 2022 Matt Booty. 2 Quote Link to comment Share on other sites More sharing options...
djdiggla Posted January 20, 2022 Share Posted January 20, 2022 lol I once met a man named Rolla Long Jr. Not kidding. What's amazing is that grandpa decided to fuck with his kid and name him Roll Long then dad decided to one up him! A name joke two generations in the making! Quote Link to comment Share on other sites More sharing options...
scottie(the)goonie Posted January 21, 2022 Share Posted January 21, 2022 Does this mean it's time to sign up for Xbox PC Play? Quote Link to comment Share on other sites More sharing options...
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