Friday, April 29th 2022

Activision-Blizzard Shareholders Approve Proposed Microsoft Transaction

Activision Blizzard, Inc. (NASDAQ: ATVI) announced that its stockholders approved Microsoft Corporation's (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 Microsoft's fiscal year ending June 30, 2023. "Today's overwhelmingly supportive vote by our stockholders confirms our shared belief that, combined with Microsoft, we will be even better positioned to create great value for our players, even greater opportunities for our employees, and to continue our focus on becoming an inspiring example of a welcoming, respectful, and inclusive workplace," said Bobby Kotick, CEO, Activision Blizzard.
The complete results of the Special Meeting will be reported in a Form 8-K to be filed with the U.S. Securities and Exchange Commission by early next week, after certification by Activision Blizzard's Inspector of Election.

About Activision Blizzard

Our mission, to connect and engage the world through epic entertainment, has never been more important. Through communities rooted in our video game franchises we enable hundreds of millions of people to experience joy, thrill and achievement. We enable social connections through the lens of fun, and we foster purpose and a sense of accomplishment through healthy competition. Like sport, but with greater accessibility, our players can find purpose and meaning through competitive gaming. Video games, unlike any other social or entertainment media, have the ability to break down the barriers that can inhibit tolerance and understanding. Celebrating differences is at the core of our culture and ensures we can create games for players of diverse backgrounds in the 190 countries our games are played.

As a member of the Fortune 500 and as a component company of the S&P 500, we have an extraordinary track record of delivering superior shareholder returns for over 30 years.

Our enduring franchises are some of the world's most popular, including Call of Duty, Crash Bandicoot, Warcraft, Overwatch, Diablo, StarCraft, Candy Crush, Bubble Witch, Pet Rescue and Farm Heroes. Our sustained success has enabled the company to support corporate social responsibility initiatives that are directly tied to our franchises. As an example, our Call of Duty Endowment has helped find employment for over 90,000 veterans.
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32 Comments on Activision-Blizzard Shareholders Approve Proposed Microsoft Transaction

#1
bonehead123
WARNING TO ALL GAMMERS: Get ready for the massive advertising attack to begin in ALL your blizzard games once this is finalized... just like what happened on Linkedin after they bought it.... it used to be filled with job listings, trade-related articles, and skills improvement sessions... now it's just one gargantuan billboard now, with 3-4 job postings thrown in for good measure :(

Fun times await you !
Posted on Reply
#2
Solaris17
Dainty Moderator
Would have been better if they just dumped all of actiblizz C level staff and MS took over. Id rather weather whatever came of that then deal with them still. As it stands they retain those jobs and leadership they simply report to MS now.
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#3
HisDivineOrder
bonehead123WARNING TO ALL GAMMERS: Get ready for the massive advertising attack to begin in ALL your blizzard games once this is finalized... just like what happened on Linkedin after they bought it.... it used to be filled with job listings, trade-related articles, and skills improvement sessions... now it's just one gargantuan billboard now, with 3-4 job postings thrown in for good measure :(

Fun times await you !
I love all the ads I've seen in my Bethesda games.

Wait a tick. I haven't seen any...
Posted on Reply
#4
bobsled
bonehead123WARNING TO ALL GAMMERS: Get ready for the massive advertising attack to begin in ALL your blizzard games once this is finalized... just like what happened on Linkedin after they bought it.... it used to be filled with job listings, trade-related articles, and skills improvement sessions... now it's just one gargantuan billboard now, with 3-4 job postings thrown in for good measure :(

Fun times await you !
Username checks out? We are not gammers, some are folks who play games but there are many existing IPs owned by Microsoft which don’t have ads plastered all throughout. Could you throw us some examples?
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#6
oobymach
It's a company with shareholders being bought by a company with shareholders, it could be far worse, EA could be behind the acquisition. AD's have been in games since the 90's and you never complained before...
Posted on Reply
#7
Cutechri
Before the inevitable Microsoft hate sets in, just take a moment to realize that this is a good thing - look at what Microsoft did to Age of Empires and Minecraft, they improved them. Actiblizz did nothing to Warcraft 3 except ruin it.
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#8
pcminirace
Can you imagine a starcraft like EVE?
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#9
ThrashZone
bonehead123WARNING TO ALL GAMMERS: Get ready for the massive advertising attack to begin in ALL your blizzard games once this is finalized... just like what happened on Linkedin after they bought it.... it used to be filled with job listings, trade-related articles, and skills improvement sessions... now it's just one gargantuan billboard now, with 3-4 job postings thrown in for good measure :(

Fun times await you !
Hi,
Linkedin is nothing but spam site way before MS ever touched it
24/7/... nothing but people selling their services, freaking pest site I blocked the domain 3 days after mistakenly joining :laugh:
Posted on Reply
#10
AsRock
TPU addict
CutechriBefore the inevitable Microsoft hate sets in, just take a moment to realize that this is a good thing - look at what Microsoft did to Age of Empires and Minecraft, they improved them. Actiblizz did nothing to Warcraft 3 except ruin it.
WOW, you are really delusional if you think this is a good thing. So many games they gotten over the years and still not released any thing new for them they just dead in the water.
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#11
Darmok N Jalad
AsRockWOW, you are really delusional if you think this is a good thing. So many games they gotten over the years and still not released any thing new for them they just dead in the water.
Also, anything MS purchased related to their mobile effort years ago is also on the scrap heap. Sometimes these moves can look good, but it can be a situation where a company is bought to try to save it (Nokia), to get patents or IP (like when Google bought Moto), or to simply keep a competitor from getting them first. In that last instance, the purchase price is usually overly inflated, which puts even more pressure on profitability after the sale is completed. That usually means less risky decisions and greater dependence on the classic money-makers. That might mean something more original doesn’t get green-lighted.
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#12
Lionheart
Can't wait for An Age Of Starcraft game.
Posted on Reply
#13
Turmania
Wait don't you all own smart phones?
Posted on Reply
#14
R-T-B
TurmaniaWait don't you all own smart phones?
Yeah, and? Microsoft hasn't had a phone in ages...
Posted on Reply
#15
eidairaman1
The Exiled Airman
AsRockWOW, you are really delusional if you think this is a good thing. So many games they gotten over the years and still not released any thing new for them they just dead in the water.
Yup no elderscrolls, warcraft games, etc. MS is a swamp within a blackhole
TurmaniaWait don't you all own smart phones?
No excuse for ms to continue pushing a mobile interface when they abandoned phones.
Posted on Reply
#16
Solaris17
Dainty Moderator
R-T-BYeah, and? Microsoft hasn't had a phone in ages...
eidairaman1Yup no elderscrolls, warcraft games, etc. MS is a swamp within a blackhole


No excuse for ms to continue pushing a mobile interface when they abandoned phones.
The joke.

Posted on Reply
#17
Frick
Fishfaced Nincompoop
AsRockWOW, you are really delusional if you think this is a good thing. So many games they gotten over the years and still not released any thing new for them they just dead in the water.
Which are these?
Darmok N JaladAlso, anything MS purchased related to their mobile effort years ago is also on the scrap heap. Sometimes these moves can look good, but it can be a situation where a company is bought to try to save it (Nokia), to get patents or IP (like when Google bought Moto), or to simply keep a competitor from getting them first. In that last instance, the purchase price is usually overly inflated, which puts even more pressure on profitability after the sale is completed. That usually means less risky decisions and greater dependence on the classic money-makers. That might mean something more original doesn’t get green-lighted.
They did abandon the phones, but their gaming division is strong.
Posted on Reply
#19
Frick
Fishfaced Nincompoop
AsRocken.wikipedia.org/wiki/List_of_mergers_and_acquisitions_by_Microsoft , If the WIKI can be fully trusted or not, looks like my claim was out of place but dam they own a lot of the PC games these days what i do not like ha..

There are some i used to play from way back but seems like they did not buy but only licensed.
Plus that list includes 90's MS, which is like saying IBM isn't to be trusted because they made stuff for Nazi germany.
Posted on Reply
#20
AsRock
TPU addict
FrickPlus that list includes 90's MS, which is like saying IBM isn't to be trusted because they made stuff for Nazi germany.
Don't really trust any of them, Like why i am not a AMD or a like fan boy of any thing as they are all bad as each other. But what ever dude.
Posted on Reply
#21
Easy Rhino
Linux Advocate
It's interesting Microsoft is so committed to the gaming space. I wonder what kind of data they are collecting and selling?
Posted on Reply
#22
ThrashZone
FrickWhich are these?


They did abandon the phones, but their gaming division is strong.
Hi,
I know they gave up on windows phones but they gave up on android phone version already ?
Posted on Reply
#23
Vayra86
CutechriBefore the inevitable Microsoft hate sets in, just take a moment to realize that this is a good thing - look at what Microsoft did to Age of Empires and Minecraft, they improved them. Actiblizz did nothing to Warcraft 3 except ruin it.
Im actually of much the same opinion, though of course the eternal push of hypercapitalism is just as big in this merger as the fact that MS is really desperate to become a worthwhile game publisher with a nice big piece of the market pie.

One does probably not exclude the other...

As always, customer, remain vigilant and vote with wallet...
Posted on Reply
#24
Frick
Fishfaced Nincompoop
ThrashZoneHi,
I know they gave up on windows phones but they gave up on android phone version already ?
I meant Windows Phone
Posted on Reply
#25
Vayra86
Easy RhinoIt's interesting Microsoft is so committed to the gaming space. I wonder what kind of data they are collecting and selling?
Gaming = tying new generations of customers to your brand

Windows/Azure/Cloud is only one step further with a foot already in the door. If they cant have smartphone market share, they can have the content. Hardware agnostic...

from that POV its pretty likely the content wont suck, too.
Posted on Reply
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