Why Microsoft's $68.7B Activision Play Will Probably Succeed
By Benjamin Horney (January 19, 2022, 7:09 PM EST) -- Microsoft's colossal $68.7 billion deal to buy Activision Blizzard is sure to receive heavy scrutiny from U.S. antitrust and competition regulators, but experts say the transaction is unlikely to be blocked because it doesn't contain obvious anti-competitive implications.
The agreement, announced Tuesday, calls for Redmond, Washington-headquartered Microsoft Corp. to buy Santa Monica, California-based Activision Blizzard Inc. for $95 per share in cash. The purchase will unite the maker of Xbox video game consoles with the developer of games like Candy Crush, Call of Duty and Warcraft, and it represents the largest video gaming industry acquisition deal in history, by far, according...
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