Saturday, October 7, 2023

Microsoft poised to close massive Activision Blizzard acquisition next week

Microsoft is looking to close its $68.7 billion deal to acquire Activision Blizzard next week.

A souce familair with Microsoft's plans told The Verge the company hopes to close the deal on Friday, October 13.

The date is dependant on the approval of UK’s Competition and Markets Authority, which blocked the closure of the deal earlier this year. To appease the CMA, Microsoft transferred its cloud streaming rights for "all current and future" Activision Blizzard games to Ubisoft for a term of 15 years.

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