Microsoft buying Activision in $68.7B deal [FOX Business Network]
Microsoft Corporation (MSFT)
Last microsoft corporation earnings: 4/29 04:06 pm
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Source: FOX Business Network
billion, the companies announced on Tuesday and embattled CEO Bobby Kotick will remain in his role at the video-game maker. Ticker Security Last Change Change % MSFT MICROSOFT CORP. ATVI ACTIVISION BLIZZARD INC. Powered By The software giant will pay $95.00 per share for the video game maker, in an all-cash transaction making Microsoft the world's third-largest gaming company by revenue, behind Tencent and Sony. Ticker Security Last Change Change % SNE n.a. n.a. n.a. n.a. TCEHY TENCENT HOLDINGS LTD. Powered By "Gaming is the most dynamic and exciting category in entertainment across all platforms today and will play a key role in the development of metaverse platforms," said Microsoft CEO Satya Nadella. "We're investing deeply in world-class content, community and the cloud to usher in a new era of gaming that puts players and creators first and makes gaming safe, inclusive and accessible to all." ACTIVISION COO: WE HAVE ALOT OF WORK
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