Microsoft to buy Activision Blizzard for $68.7 billion

Gaming giant Activision Blizzard, under the gun from investors over sexual harassment controversies and ongoing executive turmoil, has pulled the escape cord: the company has agreed to be acquired by Microsoft in a $68.7 billion all-cash deal, inclusive of the company’s net cash. Activision Blizzard CEO Bobby Kotick has been rumored to step down amid […]...