Microsoft is nearing a deal to buy Activision Blizzard for more than $50 billion, people familiar say, in what would be its largest acquisition by far
An acquisition also would mark the latest and biggest move by Microsoft Chief Executive Satya Nadella to reshape Microsoft through a string of deals that have helped make the world’s second-highest-valued company a powerhouse in business computing andThe deal entails significant complications, too. Shares in Activision had been down nearly 30% since California regulatorsin July alleging sexual harassment and gender pay disparity among the company’s roughly 10,000 employees.
Activision shares surged nearly 38% in premarket trading Tuesday after The Wall Street Journal reported it was close to a deal with Microsoft, whose shares fell 1.6%.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Microsoft buys Activision in a nearly $70 billion dealInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »
Microsoft To Acquire Activision Blizzard In $68.7B Video Game BlockbusterMicrosoft is acquiring rival Activision Blizzard in a $68.7 billion deal that will reshape the video game sector. The all-cash transaction vaults Microsoft to the No. 3 spot among all global video …
Read more »
WSJ News Exclusive | Activision Blizzard Pushes Out Dozens of Employees Over Workplace MisconductActivision has pushed out or disciplined about 80 staffers since July to address allegations of sexual harassment and other misconduct, according to people familiar with the situation
Read more »
Activision Blizzard fires almost 40 employees over misconduct allegations - GamepurIt seems that Activision Blizzard has finally offered some evidence of action taken, according to a new report from WSJ.
Read more »
Activision Blizzard continues to remove employees amid misconduct allegations | EngadgetActivision Blizzard continues to remove employees amid misconduct allegations
Read more »
Activision fires more employees over sexual misconduct, WSJ saysSome 37 people have “exited” Activision Blizzard Inc. and 44 have been disciplined in response to allegations of sexual harassment and misconduct at the company, according to a report M…
Read more »