What is happening with the Xbox Activision deal?

How much was the Xbox Activision Deal? Microsoft has said it will buy Activision Blizzard for $95 dollars a share, in an all-cash transaction valued at $68.7 billion.

Has the Activision deal gone through?

Japan approves the acquisition

On Tuesday March 28, the Japan Fair Trade Commission became the latest international regulator to approve the deal. It said it had “reached the conclusion that the transaction is unlikely to result in substantially restraining competition in any particular fields of trade.”

What is the status of Activision deal?

March 21 (Reuters) - Microsoft Corp (MSFT. O) on Monday won dismissal of a private consumer antitrust lawsuit over its $69 billion proposed purchase of "Call of Duty" maker Activision Blizzard Inc (ATVI.

What is the Xbox Activision deal?

Microsoft's $69 billion deal to buy Activision Blizzard inched closer in a big way on Friday. UK regulators announced a provisional finding that the acquisition wouldn't harm competition, despite previously suggesting the Xbox maker might need to spin-off the Call of Duty business to get the sale approved.

Is Xbox getting Activision?

Xbox announced via its official Xbox Wire site that it would acquire Activision Blizzard for $68.7 billion. All Activision Blizzard studios which include Blizzard but also Call of Duty developers like Infinity Ward and Sledgehammer would report to Xbox head Phil Spencer.

Here's Why the Xbox Activision Deal Will Be Approved

Will Microsoft Activision deal be approved?

Microsoft's proposed acquisition of Activision Blizzard is likely to be approved by EU regulators, Reuters reports. The software giant struck licensing deals with Nintendo and Nvidia recently, and Reuters says these deals are likely to satisfy lawmakers in Europe to help Microsoft clear its $68.7 billion deal.

What does Microsoft buying Activision mean?

The deal would grant Microsoft ownership over globally recognized franchises like Call of Duty, World of Warcraft, and Candy Crush, to name a few. It also creates a new division in the company, Microsoft Gaming, to be led by the company's head of its Xbox division, Phil Spencer.

Is the Xbox Activision deal finalized?

Apr. 28, 2022: Shareholders at Call of Duty and Overwatch 2 publisher Activision Blizzard voted overwhelmingly on Thursday to approve a $69 billion sale to tech giant Microsoft. The deal gives golden parachutes to top execs at Activision, including embattled CEO Bobby Kotick.

Why is cod more expensive on Xbox?

Instead, the only version that will be available is the "Cross-Gen Bundle," which is compatible with both last-gen and current-gen PlayStation and Xbox platforms. This has naturally led to the game costing more than it typically does, especially for those who haven't bought a PS5 or Xbox Series X console yet.

Is Activision Blizzard a good stock to buy?

Activision Blizzard Stock Forecast FAQ

Is Activision Blizzard Stock a good buy in 2023, according to Wall Street analysts? The consensus among 13 Wall Street analysts covering (NASDAQ: ATVI) stock is to Strong Buy ATVI stock.

How long will the Microsoft Activision deal take?

Microsoft has suffered several major setbacks in its proposed acquisition of Activision Blizzard, with both the UK Competition and Markets Authority (CMA), and the US Federal Trade Commission (FTC) providing new hurdles for the deal's completion at the tail end of 2022.

Who has approved the Activision deal?

Microsoft has secured another approval for its proposed $68.7 billion acquisition of Activision Blizzard. Last week, Chile's Fiscalía Nacional Económica – the National Economic Prosecutor's Office – cleared the merger following a phase one investigation of its potential impact.

Is Activision going up?

Stock Price Forecast

The 21 analysts offering 12-month price forecasts for Activision Blizzard Inc have a median target of 95.00, with a high estimate of 95.00 and a low estimate of 80.00. The median estimate represents a +19.69% increase from the last price of 79.37.

Will Activision be delisted?

However, as of now the deal is still going ahead and once complete ATVI will be delisted from the Nasdaq (US100). It means that those who have shares in Activision Blizzard will no longer own stock in the surviving business, as it will be owned by Microsoft.

Will Call of Duty be Xbox exclusive?

Phil Spencer: Microsoft Will Not Make Any Call of Duty Content Exclusive to Xbox - News. Microsoft Gaming CEO Phil Spencer in an interview with Xbox On was asked about the Activision Blizzard deal and the future of Call of Duty.

What happen to Xbox?

Microsoft has discontinued its Xbox One video game console — or rather, it's been discontinued for over a year. The Xbox One, Microsoft's third model of the Xbox and its entry into the eighth generation of video game consoles, originally debuted in 2013.

Why are games $70 dollars now?

Upping price tags to $70, van Dreunen said, is “largely, I'd say, a move by platforms and publishers to capture more market value.” In other words, companies can charge $70 now because they know people will pay it.

Why is Black Ops 2 still $60 dollars?

Because the developers/publishers decided to keep the price. Ask them as to why.. Cause that is how Activision is. I think they do that so they can do big discounts during the sales, making people think they are getting an excellent deal when it says soething like 80% off or some other high discount.

Why did Activision sell to Xbox?

“Its vision for the transaction is simple: Xbox wants to grow its presence in mobile gaming, and three-quarters of Activision's gamers and more than a third of its revenues come from mobile offerings,” according to Microsoft.

What does Microsoft deal mean for Activision shareholders?

This means shareholders will no longer own stock in the surviving business, which would be a wholly-owned subsidiary of Microsoft. However, shareholders will have the option to convert shares and will be entitled to receive $95 in cash for every Activision Blizzard share they hold.

What happens when Microsoft bought Activision?

Microsoft will acquire Activision Blizzard for $95.00 per share, in an all-cash transaction valued at $68.7 billion, inclusive of Activision Blizzard's net cash. When the transaction closes, Microsoft will become the world's third-largest gaming company by revenue, behind Tencent and Sony.

Did FTC approve Microsoft buying Activision?

Microsoft and Activision press FTC to approve merger. Microsoft and Activision formally pressed the U.S. government to OK its acquisition of Activision Blizzard — the biggest such move in gaming history on Thursday.

Who owns Xbox?

Xbox is a video gaming brand created and owned by Microsoft.

Who owns Call of Duty?

Call of Duty (often acronymized to CoD) is a first-person shooter video game franchise published by Activision. Starting out in 2003, it first focused on games set in World War II. Over time, the series has seen games set in the midst of the Cold War, futuristic worlds, and the modern day.