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Microsoft Makes a USD 69B Gaming & Metaverse Bet
Tech giant Microsoft has announced plans to acquire Activision Blizzard, a major game developer and an interactive entertainment content publisher.
Microsoft said it will acquire Activision Blizzard for USD 95.00 per share, or around 45% more than it was valued before the announcement, in an all-cash transaction valued at USD 68.7bn, "inclusive of Activision Blizzard’s net cash", adding that:...
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