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Nadella optimistic that he will own Activision Blizzard
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Old 26th September 2022, 11:06   #1
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Default Nadella optimistic that he will own Activision Blizzard

Will see off the regulators

Microsoft Chief Executive Officer Satya Nadella is optimistic that he will see off the regulators and be allowed to spend $69 billion getting his Volish paws on Activision Blizzard.

Nadella said he expected scrutiny and even had his special anti-scrut spray, but he was "very, very confident that we'll come out."

Investors' are a little more skeptical. While Activision rose Thursday, outperforming a slump in tech stocks, Wednesday's close of $75.32 still left the company more than 20 per cent below the offer price -- a signal of massive doubt that Microsoft will be allowed to sort it out.

Nadella pointed out that Vole is well down the pecking order in the video game industry, and the number one player, and the make objector to Microsoft's buy out is Sony.

Sony has made several recent acquisitions."So if this is about competition, let us have competition," Nadellasaid.

https://fudzilla.com/news/gaming/555...ision-blizzard
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