Microsoft to Acquire Activision Blizzard for Nearly $70 Billion

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https://www.barrons.com/articles/microsoft-buys-activision-blizzard-stock-acquisition-51642513147

Updated Jan. 18, 2022 9:40 americium ET / Original Jan. 18, 2022 8:39 americium ET

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Activision Blizzard shares were surging pursuing Microsoft‘s announcement that it would get the gaming institution successful a astir $70 cardinal deal.

Microsoft (ticker: MSFT) volition get Activision Blizzard (ATVI) for $95 a stock successful an all-cash transaction valued astatine $68.7 billion, including Activision Blizzard’s nett cash. The acquisition is Microsoft’s largest transaction ever.

“Gaming...

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