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Activision Blizzard shares soar after Microsoft takeover news
Butcher79
Against the background of news On the purchase of Activision Blizzard by Microsoft, the shares were the first to rise in price by almost 40 percent. By According to Nasdaq, the cost of one share now reaches $90.
At the same time, Activision Blizzard shares have been steadily falling in price in recent months due to a series of high-profile scandals. Last year paper fell more than 28%.
The deal to buy the corporation is valued at $68,7 billion and is due to close in fiscal year 2023 (July 2022-June 2023). After that, more than ten new studios will go under Microsoft's control, including Blizzard Entertainment and Infinity Ward.
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