https://techcrunch.com/2022/04/28/activision-blizzard-stockholders-approve-microsoft-sale/

At a special meeting today, Activision Blizzard stockholders approved Microsoft’s proposal to acquire the gaming company for $68.7 billion.

This all-cash transaction values the creator of games like “Call of Duty,” “World of Warcraft” and “Candy Crush” at $95 per share. But investors have worried that FTC chair Lina Khan could pull the plug on the deal due to antitrust concerns, which could explain why shares have been trading consistently lower than Microsoft’s offer. Though today’s vote is a meaningful step towards a successful deal for Activision Blizzard and Microsoft, the deal is still subject to regulatory review. The proposed transaction is expected to close before July 2023.