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Did Microsoft buy over Activision?

Acquiring Activision Blizzard gives Microsoft access to multi-million dollar IPs such as Call of Duty, Overwatch, Diablo, and WarCraft franchises, as well as studios such as Treyarch and Infinity Ward, at a time when video game IP is proving highly valuable — just see the success of HBO's The Last of Us adaptation.

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Does Microsoft own the rights to Activision?

Under the terms of the revised deal, Microsoft will not acquire the cloud streaming rights to all current and future Activision games released during the next 15 years. Instead, Assasin's Creed maker Ubisoft will act as independent supplier of Activision's games to all cloud gaming service providers.

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Why was Activision sold to Microsoft?

In January 2022, Microsoft announced the proposed acquisition of Activision Blizzard, Inc., to advance our goal to bring more creative and innovative games to players everywhere and on any device.

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What will happen to my Activision shares?

Following closing, all Activision Blizzard employee shareholders will be treated the same as other shareholders and receive $95.00 for each share of Activision Blizzard stock that they own.

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Who currently owns Activision?

Microsoft's $69 billion bid for Activision hasn't closed yet, but it has already changed the tech giant — and stands to significantly alter the overall video game industry.

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Did Microsoft agree to keep Call of Duty on Sony PlayStation?

NEW YORK (AP) — Microsoft has signed an agreement with Sony to keep the Call of Duty video game series on the PlayStation console after the tech giant acquires video game maker Activision Blizzard. The announcement was made Sunday in a Twitter post by Phil Spencer, who heads up Microsoft's Xbox division.

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Will Microsoft sell Activision Blizzard streaming rights to Ubisoft?

“This includes executing an agreement effective at the closing of our merger that transfers the cloud streaming rights for all current and new Activision Blizzard PC and console games released over the next 15 years to Ubisoft Entertainment SA, a leading global game publisher. The rights will be in perpetuity.”

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Did Microsoft lose the Activision deal?

A US appeals court on Friday rejected the Federal Trade Commission's request to pause Microsoft's $69bn (£53bn) purchase of Call of Duty maker Activision Blizzard. The appeals court decision removes one of the few remaining hurdles stopping Xbox maker Microsoft from closing the deal and expanding its gaming business.

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Is the Activision deal finalized?

The FTC, after failing to obtain injunctions to block the merger, formally withdrew its challenge in July 2023, and the CMA is currently reviewing the revised merger terms, which they have provisionally approved as of September 2023. The deal is now expected to close by October 18, 2023.

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Should I sell Activision stock before merger?

Should you sell Activision stock too? It's never a smart idea to sell a stock only because a famous investor is doing so. However, there is another important consideration: If you bought shares of Activision Blizzard with merger arbitrage in mind, there isn't much upside potential at this point.

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