Microsoft buyout of Blizzard expected by June 2023

[GreyFalcon-11737]

Activision Blizzard CEO confident Microsoft acquisition will be completed by...

Activision Blizzard CEO confident Microsoft acquisition will be completed by June 2023

“The process is moving along as we expected.”

Chris Kerr

Activision Blizzard CEO Bobby Kotick still expects Microsoft’s proposed $68.7 billion acquisition of the Call of Duty to publisher to close by June 2023.

Discussing the situation in a letter to employees, Kotick said the company is working alongside Microsoft to allay any concerns regulators might have about the deal.

As it stands, the merger has been approved by regulators in some countries including Brazil and Saudi Arabia, but is coming under increased scrutiny from others in key regions such as the United Kingdom and the European Union.

For instance, earlier this week the European Commission said it will conduct a full investigation into the deal over concerns the transition “may reduce competition in the markets for the distribution of console and personal computers video games and fro PC operating systems.”

UK regulator the Competition Markets Authority is also worried that the proposed deal will give Microsoft an unfair advantage by allowing the console maker to make key franchises such as Call of Duty platform exclusive.

Kotick, however, appears to be less concerned about those potential sticking points, and suggests regulators are simply trying to “better understand the games business.”

“We continue to work cooperatively with regulators in other jurisdictions, and the process is moving along as we expected. Because so many large global companies across the world are now competing in the nearly $200 billion dollar games industry, it’s understandable that regulators are trying to better understand the games business,” wrote Kotick.

"This week the European Commission announced that we have entered the second phase of our review in the region. We will continue to cooperate with the European Commission where, in the countries they represent, we have many employees. We have been working closely with Microsoft to actively engage regulators in other key countries to answer their questions and provide them with information to assist with their review.

“People from across our business units and functions have been involved in this regulatory work, and I want to thank each of you for your tireless work and commitment to completing this merger, which we continue to expect to close in Microsoft’s current fiscal year ending June 2023.”

[Seiba-11783]

New DPS hero: Master Chief

[TranRedditor-1865]

Use Activision stock (ATVI) as a savings account and you’ll beat inflation while outperforming every savings account offered by banks.

ATVI closed today at 71.66

(95 - 71.66)/71.66 ≈ 32.6% by June 2023.

[GreyFalcon-11737]

@Seiba-11783

New DPS hero: Master Chief

Would be nice

[LaBROdor-1716]

Is this accurate???

[Trando-11488]

Don’t forget to add a disclaimer for financial advice

[TranRedditor-1865]

@LaBROdor-1716

Is this accurate???

Yes. It’s simple math.

@Trando-11488

Don’t forget to add a disclaimer for financial advice

It is financial advice. I don’t consider a single wealth advisor my equal at all.

90% of the population complain about suffering and struggling until they die. When opportunities come to make money, nobody takes them. Most people here are crying about the acquisition and fail to see a great opportunity to make money.

[LaBROdor-1716]

Great advice thank you. I’ve always wanted to dabble in stocks.

[anon35416464]

Halo Infinite charges $20 for spartan armor that was free to unlock in older Halos and $7 for the color red. Microsoft is no better.

[Tracer33-1179]

i think he forgets the UK can legally block it

[Dasaries-11327]

there isn’t any redeeming qualities left of overwatch. so no clue why they would even want blizzard. other than to buy out and liquidate more competition.

Im sure that the Federal government is already looking into the acquisitions to decide if it would monopolize the markets.

[GreyFalcon-11737]

@anon35416464

Halo Infinite charges $20 for spartan armor that was free to unlock in older Halos and $7 for the color red. Microsoft is no better.

I’m pretty sure Phil Spencer hasn’t threatened to kill any of his staff over voicemail.

Overwatch 2 Producer Says Bobby Kotick Cost The Team Months Of Development

[anon35416464]

I don’t care what goes on behind the scenes. If Microsoft doesn’t improve the game (they won’t) then this acquisition doesn’t affect me.

[Ereshkigal-11914]

Cog soldier baptiste
Spartan 76
Genji dishonored skin
Reinhardt t-60 fallout power armor
Torbjorn Dovahkiin

[Esoterica-1106]

@Ereshkigal-11914

Reinhardt t-60 fallout power armor

That may just convince me to be a Reinhardt main.

AD VICTORIAM!

[DvaDiff-1921]

Oh… we won.

Xbox Gamepass exlusive Overwatch skins, here I come.

[GreyFalcon-11737]

@Esoterica-1106

@Ereshkigal-11914

Reinhardt t-60 fallout power armor

That may just convince me to be a Reinhardt main.

AD VICTORIAM!

Seems like a skin that could work

[Ereshkigal-11914]

Sony’s crying was manchildish honestly

[GreyFalcon-11737]

@Ereshkigal-11914

Sony’s crying

Well also they are planning on spinning up their own Game Pass equivalent, and Call of Duty currently gets earlier content releases on PlayStation.

And they do have quite a few of their own exclusives.

[Cetra-1672]

Buy them and pull an Elon, FIRE EVERYONE.

Seriously gut this Company and restructure everything, it’s absolute dog shid now.