Activision Blizzard Stockholders Approve Proposed Microsoft Transaction
Activision Blizzard, Inc. (NASDAQ: ATVI) announced that its stockholders approved Microsoft Corporations (Nasdaq: MSFT) proposal to acquire Activision Blizzard at the Activision Blizzard Special Meeting of Stockholders held earlier today.
- Activision Blizzard, Inc. (NASDAQ: ATVI) announced that its stockholders approved Microsoft Corporations (Nasdaq: MSFT) proposal to acquire Activision Blizzard at the Activision Blizzard Special Meeting of Stockholders held earlier today.
- More than 98% of the shares voted at the Special Meeting were voted in favor of the proposed transaction with Microsoft.
- On January 18, 2022, Microsoft announced plans to acquire Activision Blizzard for $95.00 per share in an all-cash transaction.
- Subject to customary closing conditions and the completion of regulatory review, the proposed transaction is expected to close in Microsofts fiscal year ending June 30, 2023.