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Lululemon Athletica (NASDAQ:LULU) stock jump nearly 9% higher on Monday, boosted by its inclusion in the S&P 500 – taking the place of Activision Blizzard which, finally, has been bought by Microsoft. In New York, Lululemon advanced $34.30 per share or 9.06% in Monday morning trade to change hands at $411.90.
As part of the concessions made with the CMA, Microsoft will spin off the cloud gaming assets division to Ubisoft
UK Competition and Markets Authority CEO Sarah Cardell discusses Microsoft's $69 billion acquisition of Activision Blizzard. She speaks with Bloomberg's Kriti Gupta on “The Pulse With Francine Lacqua.
After two years co-piloting the biggest acquisition in video game history past an onslaught of challenges, Xbox CEO Phil Spencer now moves on to his next quest: making Microsoft's takeover of Activision Blizzard worth the hassle.
Kotick reportedly knew about and minimized the severity of sexual harassment allegations at Activision to the board of directors, according to a Wall Street Journal report.
Microsoft has completed its $69 billion acquisition of Activision Blizzard. Activision CEO Bobby Kotick says the deal will help Activision compete in the gaming space and Microsoft will be a "perfect home" for the next generation of gaming.
Look into how ETFs are affected after the U.K.'s CMA granted clearance to Microsoft's $69 billion takeover of Activision.
Microsoft completed its $69 billion acquisition of Activision Blizzard after clearing a series of regulators' hurdles since the deal was first announced in January 2022.
Microsoft officially bought the “Call of Duty” and “World of Warcraft” maker – the biggest acquisition in history for the video game industry.
The company found a way to placate three of the most powerful regulatory bodies in the world, along with a federal judge in San Francisco.