Activision Blizzard Withdraws From Stock Exchange! – Webtekno

Microsoft made a historic announcement on January 18, 2022, for $68.7 billion. Activision Blizzard announced that he was going to buy it. However, this purchase has been discussed in the US ever since, and was deemed unsuitable for competition.

On July 11, however, this dispute came to an end. Microsoft achieved victory over the US Federal Trade Commission, and the way was cleared for the deal to be completed. For this process on July 12, first big step discarded.

Activision Blizzard withdraws from Nasdaq:

The Nasdaq stock exchange, where Activision Blizzard shares are listed, announced in the announcement it shared that Activision Blizzard will exit the stock market. Company, on 17 July The Nasdaq-100 will bid farewell to the ESG Index.

The gap created by Activision Blizzard, which offers marketing automation services The Trade Desk will fill.

Activision Blizzard is yet to join Microsoft:

There is now one last hurdle on the way for Activision Blizzard to be incorporated into Microsoft: UK Competition and Market Authority (CMA). But this hurdle is now the kind of hurdle that will break a sweat for Microsoft.

Because the completion of the agreement between Activision Blizzard and Microsoft He was given time until July 18. Although this period may be extended later, we will only wait and see whether some ‘games’ of the parties who do not want the agreement will be played.