Activision Blizzard shareholders approve sale to Microsoft, but scrutiny continues

Just hours ago, Wall Street was hesitant about the transaction due to its strict antitrust policies.

We continue to scrutinize every new piece of information about the biggest success of the year: Microsoft is buying Activision Blizzard, which means: unprecedented changes In iconic series as much as Call of Duty. At the end of January, both companies announced a valuable traded deal. $68.7 billionThis was just the beginning of a long road though.

Together with Microsoft, we will be better positioned to create great value for our players.Bobby KotickAs Activision Blizzard’s shareholders have been called upon to vote for the sale of the company, and as expected, it’s a way to get past its initial hurdle without major problems. More than 98% approved the operation. Although a group of investors wanted to boycott the move, Bobby Kotick’s disastrous management and his unfair departure from the company, which he would pocket millions of dollars after completing the transaction, did not hesitate to give the approval of the rest of the concerned.

Activision Blizzard announced the news in a press release sent to businesswire, including a statement signed by Bobby Kotick: “Today’s overwhelming vote of support from our shareholders confirms our shared belief that, together with Microsoft, we will take on even more positions. create great value for our playersWe continue to focus on creating even greater opportunities for our employees and an inspiring workplace example. hospitable, respectful and inclusive“.

Several market analysts highlighted that, as we said at the beginning of the news, Microsoft and Activision Blizzard still have a long way to go to complete the transaction. Wall Street has expressed doubts about the future of this union. antitrust policies US President Joe Biden may complicate the operation. Despite these concerns, we’ve put together an article at 3DGames in which we explain why the monopoly charges against Xbox did not succeed after acquiring Activision. main Features the essence of this agreement and its understanding.