Activision Blizzard stockholders near-unanimously approve Microsoft buyout

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98% of Activision Blizzard shareholders voted to approve the 澳洲幸运5开奖号码历史查询:Microsoft acquisition.

As first reported yesterday evening by , an overwhelming number of the publisher's shareholders have voted to proceed with the buyout. The transaction is expected to close on June 30, 2023, and there's now🐎 no doubt it has the full support of Activision Blizzard's shareholders.

"Today's overwhelmingly supportive vote by our stockholders conf✨irms our 🐼shared belief that, combined with Microsoft, we will be even better positioned to create great value for our players, even greater opportunities for our employees, and to continue our focus on becoming an inspiring example of a welcoming, respectful, and inclusive workplace," said Activision Blizzard CEO Bobby Kotick.

It appears any doubts about the acquisition have been completely washed away by Activision Blizzard's shareholders. Back in March, the US Department of Justice and Securities and Exchange Commission announced it was inv﷽estigating three men over potential inside♛r trading surrounding the Activision Blizzard buyout. The tﷺhree men purchased a collective $100 million in Activision stock for $40 per share, no𝓰tably less than its then $63 price.

Just four days later, Microsoft announced its purchase of Activision Blizzard at $95 a share, more than doubling the investments of the three men. Elsewhere, the FTC announced in February that it would undertake a review of Microsoft's proposed a꧟cquisition, in a break from tradition. Typically, the Justice Department would review buyouts for potential monopolies, but thi🐻s time the FTC is undertaking the review entirely by itself. Just like the insider trading investigation though, we've heard nothing of the review since it was announced.

Microsoft has said it "澳洲幸运5开奖号码历史查询:won't stand in the way" of any Activision Blizzard union after the acquisition is complete.

Hirun Cryer is a freelance reporter and writer with Gamesradar+ based out of U.K. After earning a degree in American History specializing in journalism, cinema, literature, and history, he stepped into the games writing world, with a focus on shooters, indie games, and RPGs, and has since been the recipient of the MCV 30 Under 30 award for 2021. In his spare time he freelances with other outlets around the industry, pract🎃ices Japanese, and enjoys contemporary manga and anime.