Microsoft-Activision Deal: A 2-Year Acquisition In The Making

On the 18th of January 2022, Microsoft announced its intention to purchase video game publisher Activision on its official website. The tech giant’s offer was — and still is — lucrative, proposing to buy the company’s shares at a price of $95 per share. This meant the acquisition would be valued at $68.7 billion. <img alt="" src="https://miro.medium.com/v2/resize:fit:700/1*OzwFazZl9X2w1B03km5ekw.jpeg" style="height:467px; width:700px" /> Photo by <a href="https://unsplash.com/@cjdante?utm_content=creditCopyText&utm_medium=referral&utm_source=unsplash" rel="noopener ugc nofollow" target="_blank">Javier Martínez</a> on <a href="https://unsplash.com/photos/hUD0PUczwJQ?utm_content=creditCopyText&utm_medium=referral&utm_source=unsplash" rel="noopener ugc nofollow" target="_blank">Unsplash</a> The purchase included Activision’s net cash as well. Under the agreement, Activision CEO Bobby Kotick would retain his post as CEO, but Activision Blizzard Business would ultimately report to Microsoft’s CEO of Gaming, Phil Spencer. Nearly 2 years later, after months of wrangling with the UK’s FCA, Microsoft has finally received the green light to go ahead and purchase. But why did the deal take so long to complete? <a href="https://medium.com/@johannwilfred/microsoft-activision-deal-a-2-year-acquisition-in-the-making-85c94d7c5d6c">Website</a>