Microsoft-Activision Blizzard takeover closes after UK removes final hurdle
CNN
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Microsoft has completed its takeover of Activision Blizzard, the maker of “Call of Duty” and other hit video games, closing one of the biggest tech deals of all time.
The company said in a filing Friday with the US Securities and Exchange Commission that Activision (ATVI) had now become a wholly-owned subsidiary.
Earlier on Friday, UK antitrust officials approved the planned acquisition, removing the final regulatory hurdle to the deal closing.
The Competition and Markets Authority said the merger had been cleared after the companies agreed to give up certain cloud gaming rights. The concession is “a game-changer” that will allow “competitive prices and better services,” the CM...