Activities Blizard has announced that its stockholders have voted for Microsoft's company to approve the acquisition. According to A, 98% of the shareholders voted in favor of Microsoft's purchase of about $ 70 billion in a special meeting on Thursday. Press release,
Microsoft can get its small victory to jump to jump to jump to jump to be fully jumped to get permission from the Stockholders and Board of Directors of the Activities Blizzard to buy the Call of Duty, World of Warcraft, Crash Bandicoot, and Tony Hawk's Pro Skater Series. It is still being investigated by the Federal Trade Commission (FTC) to determine whether it is legal under the anti -trust laws.
That possibility did not prevent CEO Bobby Kotik from praising its shareholders to allow the deal to pass. “Today's highly supportive vote by our stockholders confirms our shared belief that, combined with Microsoft, we will be more better to create great values for our players, even more opportunities for our employees, and to continue to continue our attention when they continue to be an inspirational example of a welcome, respectable and inclusive workplace,” he said.
Bloomberg Told that, as the shareholders voted to allow Microsoft's deal to pass, investors have doubted the deal on Wall Street. While Microsoft planned to buy activities urgent storm for $ 95 per share, the latter company shares dropped 25% from their proposal.
Meanwhile, the Kotic is still facing demands of resignation from his position in activities Blizzard due to allegations of sexual harassment brought by California's employment and prosecution filed by fair housing last July and the limit of their knowledge about the misconduct of the workplace, which is allegedly motivated to acquire in the first place. Kotik is expected to leave the company after the deal closure by June 2023.
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