Trending: Activision Blizzard Now Part of Microsoft
October 13 2023 - 10:03AM
Dow Jones News
10:33 ET -- Activision Blizzard is one of the most mentioned
companies in the U.S. across all news items in the last 12 hours,
according to Factiva data. Microsoft closed its $75 billion
acquisition of Activision Blizzard. The deal was completed after it
won approval from U.K. competition authorities. The U.K.'s
Competition and Markets Authority said Friday that the proposed
deal no longer poses a major threat to competition in cloud gaming.
The shift comes after Microsoft offered to restructure the deal by
forfeiting cloud-streaming rights for "Call of Duty" and other
popular Activision franchises in much of the world. Activision's
cloud-streaming rights will instead be sold to French games giant
Ubisoft Entertainment. (chris.wack@wsj.com)
(END) Dow Jones Newswires
October 13, 2023 10:48 ET (14:48 GMT)
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