M&A
confidence high
sentiment positive
materiality 0.90
MICROSOFT CORP (MSFT): M&A transaction — Microsoft completes acquisition of Activision Blizzard for $95.00 per share
MICROSOFT CORP
- Acquisition of Activision Blizzard completed on Oct 13, 2023; each share converted to $95.00 cash.
- Unvested Activision Blizzard options and stock awards assumed by Microsoft, converted to Microsoft common stock.
- Merger sub merged into Activision Blizzard; Activision survives as a wholly owned Microsoft subsidiary.
- Vested Activision options cancelled; holders receive cash difference between $95.00 and exercise price.