Why did Microsoft buy Activision?

Activision has been mired in controversy in recent months due to allegations of sexual harassment and misconduct among company executives. Microsoft announced Tuesday it will buy video game giant Activision Blizzard in a $68.7 billion all-cash deal. The price means Microsoft will pay $95 per share for Activision.

Did Microsoft buy Activision Blizzard in a $68 billion deal?

By Jay Peters, a news editor who writes about technology, video games, and virtual worlds. He’s submitted several accepted emoji proposals to the Unicode Consortium. Microsoft shocked the tech and gaming world on January 18th when it announced it would acquire Activision Blizzard in a $68.7 billion deal, by far the biggest ever in gaming.

Are Microsoft & Activision negotiating a $68 billion deal?

A new SEC filing details extensive negotiations between Microsoft and Activision ahead of their blockbuster $68.7 billion deal. The filing also includes the terms of the merger agreement.