Microsoft's Activision Blizzard acquisition was opportunistic, says report
Summary
Back in January 2022, Microsoft announced its intent to buy Activision Blizzard — the makers of Call of Duty — for a staggering $68.7 billion. Microsoft first reached out to ... Activision Blizzard ... the same week a media report landed asserting that ... Bobby Kotick had known for years about alleged cases of sexual assault at the company. Had The Wall Street Journal report about Koticks involvement and the subsequent stock drop not happened, Activision Blizzard probably wouldnt have agreed to be acquired. In a recent interview, President and Vice-Chair of Microsoft, Brad Smith, said that they were committed to removing offenders at Activision Blizzard once the deal goes through sometime in late 2022 or early 2023. As stated by CNBC, the timing of this acquisition is definitely opportunistic because it seems like Spencer saw the possibility of Activision Blizzard agreeing to a deal when it was under tremendous duress.
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