Why can't Xbox buy Activision?

The European Commission has objected to Microsoft's buyout of Activision Blizzard, setting another roadblock in the purchase. Following a lawsuit by gamers over monopolizing the gaming market, Microsoft has hit another roadblock in its attempt to buy Activision Blizzard (ABK) for nearly $70 billion.

Can Xbox buy 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.

What will happen if Xbox buys Activision?

Activision Blizzard own the Call of Duty franchise, one of the biggest in gaming history. If Microsoft's acquisition deal closes, they will own the Call of Duty series, and be able to do whatever they want with it on their Xbox systems going forward. Microsoft could have bought other companies, but it already did.

Is Microsoft being blocked from buying Activision?

The planned Microsoft Activision acquisition has been provisionally blocked by the UK's antitrust watchdog, the Competition and Markets Authority (CMA) …

Why is the FTC blocking Microsoft from buying Activision?

In its complaint, the FTC asserts that the Microsoft-Activision transaction would “creat[e] a combined firm with the ability and increased incentive to withhold Activision's valuable gaming content from, or degrade Activision's content for, Microsoft's rivals.”

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Will Microsoft Activision deal be approved?

Microsoft's Activision Blizzard purchase will reportedly be approved by the EU. The company's licensing offers to competitors reportedly helped it clear the obstacle.

Are the feds likely to challenge Microsoft Activision?

The Federal Trade Commission is likely to file an antitrust lawsuit to block Microsoft's $69 billion takeover of video game giant Activision Blizzard, maker of the hit games Call of Duty and Candy Crush, according to three people with knowledge of the matter.

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.”

Has Microsoft closed the deal on Activision?

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.

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.

Can I transfer Activision account to Xbox?

Because game progression in crossplay-enabled games is stored on your Activision account, you can play on any platform you have linked to your account, and your progression carries over. You can register for an account using an existing gaming account with PlayStation, Xbox, Steam, or Blizzard.

Will Xbox save cod?

Does Cod save your progress? Yes. Call of Duty will automatically save your progress in the game.

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.

How does Microsoft buying Activision work?

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.

Can Microsoft make Call of Duty exclusive to Xbox?

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 is Microsoft doing with Call of Duty?

Microsoft has signed a fourth deal for Call of Duty access with Ubitus, a white-label cloud gaming service that has helped many publishers stream their games to Nintendo Switch.

What is happening with Microsoft and Activision?

Microsoft announced that it would be purchasing Call of Duty and World of Warcraft developer Activision Blizzard in a gigantic acquisition. Notably, the company said Bobby Kotick would "continue to serve as CEO" of Activision Blizzard.

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.

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.

How long will the Microsoft Activision deal take?

Microsoft announced plans to acquire Activision Blizzard for $68.7 billion in January, with the goal of closing it by June 2023. The deal has come under pressure from Microsoft's competitors in gaming, such as Sony .

Who is blocking the Microsoft Activision deal?

But things got really interesting in early December of last year, when the FTC sued to block Microsoft from acquiring Activision Blizzard, with preliminary hearings set to begin this August.

What would the billion Microsoft Activision deal harm to?

MUST WATCH. Washington (CNN) Microsoft's $69 billion purchase of Activision Blizzard could harm competition by letting Microsoft restrict Activision's video games to proprietary platforms such as Xbox, UK officials said Wednesday, in the latest challenge to the tech giant's blockbuster acquisition.

Why would Activision sell to Microsoft?

Microsoft says it needs the deal to boost the Xbox

Microsoft says buying Activision would let it put more big titles on Game Pass - its Netflix-style subscription - and make more games for mobile phones, where there are big profits to be made.

How long will it take for Microsoft to buy Activision Blizzard?

Microsoft's planned acquisition of Activision Blizzard, which is a leading developer and publisher of console, online, and mobile games is expected to be completed in June of 2023.

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.