Activision Shareholders Approve Microsoft Merger, But Investors Fear It May Still Crumble

Activision Shareholders Approve Microsoft Merger, But Investors Fear It May Still Crumble

2 years ago
Anonymous $xqL1ZTchGQ

https://wccftech.com/activision-blizzard-microsoft-acquisition-approved-investor-fears/

Microsoft’s (NASDAQ:MSFT) proposed $69 billion acquisition of Call of Duty publisher Activision Blizzard (NASDAQ:ATVI) took another step forward today, as shareholders of the latter company voted overwhelmingly to approve the deal. Over 98 percent of Acti-Blizz shareholders voted in favor of the deal. Unsurprisingly, embattled Activision Blizzard CEO Bobby Kotick was happy about the results.

Today’s overwhelmingly supportive vote by our stockholders confirms our shared belief that, combined with Microsoft, we will be even better positioned to create great value for our players, even greater opportunities for our employees, and to continue our focus on becoming an inspiring example of a welcoming, respectful, and inclusive workplace.