Everything indicates that the purchase of Activision Blizzard will continue.
ActivisionBlizzard has not gone through its best years after the accusations that have arisen about a toxic work environment and a series of discriminatory behaviors in the company. Nevertheless, microsoft has opted to acquire the video game company to mark a new direction in its direction for the good of its workers while obtaining the exclusivity of a large number of sagas such as Call of Duty, Diablo, Overwatch and even Crash Bandicoot and Spyro . However, it should be remembered that the deal is not finalized.
Microsoft announced the acquisition of Activision Blizzard for almost 69 billion dollars, although it is true that there are a series of steps to follow to complete the movement. Without going any further, next April there will be an internal vote among ABK shareholders to move forward. In a Securities and Exchange Commission document, the one to be acquired asks its investors to vote in favor of the acquisition at the meeting scheduled for April 28.
Why the purchase of Activision Blizzard is taken for granted
Since Activision Blizzard’s fame has plummeted in recent months, it is almost certain that if the acquisition did not happen the price of the company’s shares would fall even more. In fact, it is unknown if these will return to their best price one day despite the fact that Microsoft buys them after everything that happened…
If the merger is not consummated, and depending on the circumstances that caused the merger to be consummated, the price of Activision Blizzard’s common stock is likely to decline significantly. If that were to occur, it is unclear when, if ever, the price of Activision Blizzard’s common stock would return to its trading price as of the date of this proxy statement.
Lastly, it should be noted that Activision Blizzard could have to pay a cancellation fee of about two billion dollars, an amount that Microsoft should also pay if it were the one that decided to cancel the movement. Of course, backing out now would be costly, so the merger will almost certainly go ahead.
Related topics: Xbox
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