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July 18, 2023
- The deal was set to close by July 18, 2023, after which Microsoft would owe Activision Blizzard $3 billion if the deal failed to close.
en.wikipedia.org › wiki › Acquisition_of_Activision_Blizzard_by_Microsoft
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Oct 13, 2023 · Oct. 13, 2023. Microsoft said on Friday that it had closed its $69 billion purchase of the video game giant Activision Blizzard, overcoming significant regulatory hurdles in Britain and...
Oct 13, 2023 · Oct 13, 2023, 5:46 AM PDT. Microsoft has finalized its $68.7 billion deal to acquire Activision Blizzard, the publisher of Call of Duty , World of Warcraft, and Diablo. The Verge...
Oct 6, 2023 · A final CMA decision is imminent. Microsoft and Activision extended their deal deadline to October 18th recently, but if Microsoft is able to close its deal next week then it will bring...
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News
Pushed back to accommodate the last stages of regulatory review.
•Microsoft is in the final stages of acquiring Activision Blizzard for almost $69 billion.
•The deal has undergone regulatory review around the world, with approval in most countries and challenges in the U.S. and the U.K.
•The purchase originally had a close-by date of July 18, 2023.
•Microsoft and Activision Blizzard have agreed to extend the merger agreement through Oct. 18, 2023.
While the original closing date won't be met, Microsoft is still committed to the biggest purchase in video game history.
Microsoft shared on Wednesday that it officially extended the merger deadline for its $69 billion acquisition of Activision Blizzard to Oct. 18, 2023. The original deal, first announced back on Jan. 18, 2022, had a deadline of July 18, 2023. If the merger was not complete by this deadline, either party could walk away, requiring Microsoft to pay Activision Blizzard a break-up fee of $3 billion.
I know some people will be annoyed that this deal, which has already taken such a long time, is being extended even further. That said, this is a complicated process. At this point, all parties involved know the deal is happening, it's just a matter of making sure everything is done to the letter of the law.
I also think that barring the most ludicrous of possibilities, there's no reason to expect the deal will actually take through October. With the CMA and Microsoft seemingly having reached a solution that just needs to go through an expedited examination process, things will be wrapping up in a few weeks.
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Oct 13, 2023 · When it announced the deal in January 2022, Microsoft said it expected to close the transaction by the end of June 2023. In July, the two companies agreed to extend the deadline to Oct. 18. The...
Oct 13, 2023 · Updated Fri, Oct 13, 2023, 6:56 AM 4 min read. In this article: MSFT. SNEJF. SONY. Microsoft ( MSFT) on Friday finalized its $69 billion purchase of "Call of Duty" maker Activision Blizzard...
- 3 min
- Alexis Keenan
Oct 13, 2023 · Oct 13, 2023 6:00am PT. Microsoft Closes $69 Billion Acquisition of Activision Blizzard. Microsoft concession to sell cloud-gaming rights to Ubisoft was a "game-changer,"...
