{"id":20024,"date":"2023-07-11T09:41:38","date_gmt":"2023-07-11T16:41:38","guid":{"rendered":"https:\/\/marketdepth.com\/?p=20024"},"modified":"2023-07-14T09:37:53","modified_gmt":"2023-07-14T16:37:53","slug":"activison-surges-as-microsoft-takeover-bid-is-approved","status":"publish","type":"post","link":"https:\/\/marketdepth.com\/activison-surges-as-microsoft-takeover-bid-is-approved\/","title":{"rendered":"Activison Surges As Microsoft Takeover Bid is Approved"},"content":{"rendered":"\n
Activision Blizzard (ATVI:NASD)<\/strong> is up on the day as the courts approve Microsoft’s purchase of Activision. The purchase price is $69 billion and its most notable game is Call of Duty. The argument from the FTC was “harm competition in high-performance gaming consoles” by limiting access to games to certain consoles.<\/p>\n\n\n\n Activision is up 11% for a stock price of $92 which is up 20% on the year.<\/p>\n\n\n\n The all-cash offer gives Activision a price of $95 a share and gives Microsoft access to 30 game development studios and e-sports publishing capabilities. This will give Xbox a major advantage in the battle for the leader in the space.<\/p>\n","protected":false},"excerpt":{"rendered":"Activision Blizzard (ATVI:NASD) is up on the day as the courts approve Microsoft’s purchase of Activision. The purchase price is $69 billion and its most notable game is Call of Duty. The argument from the FTC was “harm competition in high-performance gaming consoles” by limiting access to games to certain consoles. Activision is up 11%… View Article<\/a>","protected":false},"author":3,"featured_media":18810,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"pmpro_default_level":"","footnotes":""},"categories":[10,31,17,40,16],"tags":[],"acf":[],"yoast_head":"\n