secwatch.observer — SEC 8-K summary
======================================

Issuer:     Activision Blizzard, Inc. (—)
CIK:        0000718877
Form:       8-K
Filed at:   2023-10-13T23:59:59+00:00
Accession:  0001104659-23-108985
Event type: m_and_a
Sentiment:  neutral
Materiality: 1.00
Item codes: 2.01, 3.01, 3.03, 5.01, 5.03, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Microsoft completes $69B acquisition of Activision Blizzard; ATVI shareholders receive $95/share cash
--------------------------------------------------------------------------------

- Each share of ATVI converted into $95 cash; no stock consideration.
- ATVI delisted from Nasdaq; trading halted and Form 25 filed to deregister.
- All prior directors resigned; Keith Dolliver and Benjamin Orndorff appointed as directors.
- Activision Blizzard becomes wholly owned subsidiary of Microsoft Corporation.
- Certificate of incorporation and bylaws amended and restated effective at close.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/718877/000110465923108985/0001104659-23-108985-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/718877/000110465923108985/tm2328253d1_8k.htm
  HTML page:      https://secwatch.observer/filing/0001104659-23-108985

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer