Call Of Duty Parent Acquisition By Microsoft Could Finally See Completion Soon Amid Regulatory Hurdles
Portfolio Pulse from Anusuya Lahiri
Microsoft Corp is close to completing its $68.7 billion acquisition of Activision Blizzard, Inc, potentially by October 13. The deal is contingent on the approval of the U.K.'s Competition and Markets Authority (CMA), which had previously obstructed the deal. Microsoft secured preliminary approval from the CMA after restructuring the agreement to transfer cloud gaming rights for current and new Activision Blizzard games to Ubisoft. Microsoft had also cut similar deals with Nvidia Corp and Sony Group Corporation to win support for the acquisition.
October 06, 2023 | 12:35 pm
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POSITIVE IMPACT
Activision Blizzard's acquisition by Microsoft is nearing completion, pending regulatory approval. This could potentially impact Activision Blizzard's operations and stock.
The acquisition of Activision Blizzard by Microsoft could potentially lead to changes in Activision Blizzard's operations and strategy. This could potentially lead to a positive impact on Activision Blizzard's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Microsoft's acquisition of Activision Blizzard is nearing completion, pending regulatory approval. This could potentially boost Microsoft's position in the gaming industry.
The acquisition of Activision Blizzard by Microsoft could significantly enhance Microsoft's gaming portfolio and strengthen its position in the gaming industry. This could potentially lead to a positive impact on Microsoft's stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Sony Group Corporation had a deal with Microsoft to support the acquisition of Activision Blizzard. This shows Sony's strategic alignment with Microsoft in the gaming industry.
Sony's deal with Microsoft to support the acquisition of Activision Blizzard shows Sony's strategic alignment with Microsoft in the gaming industry. However, the direct impact on Sony's stock is uncertain.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50