Activision Blizzard Shareholders OK $68.7B Microsoft Buy

Activision Blizzard shareholders approved Microsoft’s proposed $68.7 billion buy of the game company in an all-cash transaction (see 2201180009), voting virtually in a special meeting Thursday, Activision said. More than 98% of the shares voted were in favor of the deal, it said. Microsoft’s proposed buy, the largest in its history, is expected to close in Microsoft’s fiscal year ending June 2023.