May 10, 2025
Trending News

Acquisition of Microsoft-Activision Blizzard nears end: Activision withdraws from the stock exchange!

  • July 13, 2023
  • 0

Microsoft made a historic $68.7 billion announcement on January 18, 2022. Activision Blizzard announced that he was going to buy it. However, this purchase has since been discussed

Acquisition of Microsoft-Activision Blizzard nears end: Activision withdraws from the stock exchange!

Microsoft made a historic $68.7 billion announcement on January 18, 2022. Activision Blizzard announced that he was going to buy it. However, this purchase has since been discussed in the US and deemed unsuitable for competition.

However, on July 11, this dispute came to an end. Microsoft won the US Federal Trade Commission and cleared the way to finalize the deal. For this trial on July 12 first big step thrown away.

Activision Blizzard pulls out of Nasdaq:

Action blizzard

The Nasdaq stock exchange, where Activision Blizzard shares are listed, announced in the announcement that Activision Blizzard will leave the stock exchange. Company, on July 17 The Nasdaq-100 says goodbye to the ESG Index.

The gap created by Activision Blizzard, which offers marketing automation services The Trade Desk will fill.

Activision Blizzard has yet to join Microsoft:

There is now one final hurdle ahead of Activision Blizzard’s integration into Microsoft: UK Competition and Market Authority (CMA). But this hurdle is now the kind of hurdle that will make Microsoft sweat.

Because the completion of the agreement between Activision Blizzard and Microsoft He was given time until July 18. Although this period may be extended later, it remains to be seen whether some ‘games’ will be played by the parties that do not want the agreement.

Source: Web Tekno

Leave a Reply

Your email address will not be published. Required fields are marked *