Microsoft Corporation announced on Jan. 18 that it will acquire Activision Blizzard in full cash for $95 per share for a total transaction value of about $68.7 billion.
Microsoft said that after the transaction is completed, Microsoft will become the third-highest-grossing gaming company in the world, after Tencent and Sony. Planned acquisitions include notable works by Activision Blizzard and subsidiary King, the World of Warcraft series, Diablo, Overwatch, Call of Duty and Candy Crush Saga, among others.
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