Activision Blizzard announced that his shareholders approved the proposed purchase of the company by Microsoft. The vote took place during the Activision Blizzard Special Meeting of Stockholders, and saw the pro-Microsoft frond prevail with 98% positive votes.
The announcement of the agreement between Microsoft and Activision Blizzard dates back to January 18, 2022. The Redmond company has committed to acquire Activision Blizzard by paying $ 95 per share. The deal is currently subject to review by various international anti-trust bodies. The vote of the shareholders is therefore only one of the obstacles that must overcome before becoming effective.
Bobby Kotick, the current CEO of Activision Blizzard, said he was pleased with the support given to the company’s choices by the shares, with a largely positive vote that “confirms our belief that by joining Microsoft we will be in a better position to create great value for our players, as well as great opportunities for our employees.“
Minutes of the meeting with shareholders will be sent to the US Securities and Exchange Commission, after being certified by Activision Blizzard’s Inspector of Election.