Rock,Paper,Shotgun
Activision Blizzard shareholders approve the company’s $69 billion acquisition by Microsoft
Shareholders in Activision Blizzard approved overwhelmingly to accept Microsoft Corporation’s offer of $68.7 billion (£54.66 billion) to acquire the company at yesterday’s Special Meeting of Stockholders. More than 98% of the shares voted in favour of the buyout offer, Activision Blizzard confirmed in a statement released on their website. The largest payment for a technology company in recorded history, toppling Dell’s acquisition of EMC Data Storage from 2016, it’s now expected the deal will conclude during Microsoft’s fiscal year, which ends on June 30th 2023. Read more
