Microsoft to acquire video game giant Activision Blizzard in $69B all-cash deal

Microsoft Corp. (Nasdaq: MSFT) plans to make its biggest deal ever by paying almost $69 billion for the video game giant Activision Blizzard Inc. (Nasdaq: ATVI), the company confirmed Tuesday after multiple reports.

The company’s plan to buy Activision Blizzard will make it the world’s third-largest gaming company by revenue behind Tencent and its longtime console rival Sony, Microsoft said in a news release announcing the deal. Activision Blizzard’s titles include Call of Duty, World of Warcraft and Candy Crush…. Read More

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