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

Issuer:     MICROSOFT CORP (MSFT)
CIK:        0000789019
Form:       8-K
Filed at:   2022-01-18T23:59:59+00:00
Accession:  0001193125-22-010667
Event type: m_and_a
Sentiment:  positive
Materiality: 1.00
Item codes: 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Microsoft to acquire Activision Blizzard for $95/share all-cash ($68.7B)
------------------------------------------------------------------------

- All-cash purchase at $95.00 per share; total enterprise value $68.7B inclusive of net cash.
- Expected close in MSFT's fiscal year ending June 2023; subject to ATVI shareholder and regulatory approvals.
- Bobby Kotick remains Activision Blizzard CEO, reporting to Microsoft Gaming CEO Phil Spencer after close.
- Adds ~400M monthly active players and franchises including Call of Duty, Warcraft, Diablo, Overwatch, Candy Crush.
- Deal is accretive to non-GAAP EPS; Microsoft will become world's third-largest gaming company by revenue.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/789019/000119312522010667/0001193125-22-010667-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/789019/000119312522010667/d301984d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-22-010667

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