Microsoft acquisition of Activision Blizzard threatened by FTC as shareholders approve deal - Latest Tech, Mobile News, Gadgets & Reviews Update |Techbrinks

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Friday 29 April 2022

Microsoft acquisition of Activision Blizzard threatened by FTC as shareholders approve deal


Bloomberg reports that shareholders approved Microsoft's offer of $95 per share. The stock price had hit $82 following news of the acquisition, meaning anyone who bought then would have been guaranteed $13 per share profit when the deal completed. However, the current share price has fallen to around $77, suggesting...

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