Activision Blizzard Wins Shareholder Nod for Microsoft Buyout.

MANews-(C)2009-2022

Shareholders of US-based video game company Activision Blizzard, Inc. (NASDAQ: ATVI) have approved US-based Microsoft Corp.'s (NASDAQ: MSFT) proposal to acquire Activision Blizzard, the company said.

On January 18, 2022, Microsoft announced plans to acquire Activision Blizzard for USD 95.00 per share in an all-cash transaction.

The deal is worth USD 68.7bn.

Subject to customary closing conditions and the completion of regulatory review, the proposed transaction is...

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