Head Topics

Microsoft to buy Call of Duty maker Activision Blizzard for $69bn

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 39 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 19%
  • Publisher: 63%

South Africa Headlines News

The deal is the biggest cash takeover of the pandemic

Men dressed as soldiers promote a"Call Of Duty" video game at a fair in Cologne, Germany. Picture: KAI PFAFFENBACK/REUTERS

It’s been a busy start to the deal making year, with transaction volumes already up 41% over the same period in 2021 to hit $218bn. That comes even after a record 2021, when more than $5-trillion worth of deals were announced, trouncing the previous high set more than a decade earlier. Just three weeks into 2022, the boom is showing no signs of slowing down, with Unilever’s $68bn approach for GlaxoSmithKline’s consumer health unit adding to the tally of potential mega deals.

Microsoft is offering a 45% premium to Activision’s last closing price in New York. That tops the average 24% premium paid by buyers of video game producers and other entertainment software companies over the past five years, according to data compiled by Bloomberg.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I'm still angry with them for shutting down Windows Phone so prematurely. They should stop buying Game Engines and actually purchase an Android operating system.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft is buying 'Call of Duty' publisher Activision for nearly $70 billionMicrosoft is adding another major video game publisher to its Xbox portfolio: Activision, the mega-publisher behind 'Call of Duty.'
Source: BISouthAfrica - 🏆 34. / 51 Read more »

Ramaphosa’s call to guard democracy implies reply to Sisulu’s judicial critiquePresident says institutions such as the judiciary and parliament must be safeguarded against attacks Because CyrilRamaphosa would never address the problem head on he issues another vague ‘we should, we must’ declaration. What happened to Ministers serving at your pleasure? You are obviously pleased with what you’re seeing? Congratulations Mr Hendricksnino77 from USA 🇺🇲🇺🇲🇺🇲 on your successful withdrawal, No matter what country you are you can earn massively from home through bitcoin trading, send a DM Hendricksnino77 now to get started with the company platform I want to share this because i want others to benefit from this opportunity that Julie_fx_trader gave to me i made R160,000 profit today. I strongly recommend this trader to those who look for a stable system.
Source: BDliveSA - 🏆 12. / 63 Read more »

Eish, I snapped... just call me 'Karen' nowYes, I was a middle-aged white woman with blonde highlights throwing a strop in a shop. I entrusted Vina_Redmon with my money since I took rush of investing my money with her platform, and since then I've recovered all I lost to scams. Get in touch with Vina_Redmon and get a good mentorship and safe trading.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Chronicles of ageing: A dreaded late-night phone call with one of my daughtersBack in bed, I stared at the ceiling for the rest of the night, waiting for the phone not to ring again.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Call for eased lockdown rules in South AfricaUnder current level 1 regulations, the number of people permitted at an indoor gathering is 1,000, while the number of people permitted at outdoor events is 2,000.
Source: BusinessTechSA - 🏆 24. / 61 Read more »