Microsoft is buying 'Call of Duty' publisher Activision for nearly $70 billion

Microsoft is paying nearly $70 billion in cash for the game company.For more stories go toMicrosoft is buying Activision, the major video game publisher behind the"Call of Duty" franchise, in a deal valued at nearly $70 billion.

The price values Activision's stock at $95.00 per share — a price it hasn't held since July 2021, when news first broke that over allegations of widespread harassment that proliferated due to the company's"frat boy" culture. Microsoft will acquire a huge selection of intellectual property and game development resources: Game franchises like"Call of Duty,""World of Warcraft," and"Candy Crush," in addition to major game studios like Blizzard Entertainment and Treyarch.

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