The video game publisher ActivisionBlizzard said Thursday that its shareholders have approved Microsoft’s proposal to buy the “Call of Duty” maker for $68.7 billion.
More than 98% of the shares voted at a special meeting held earlier in the day in favor of the proposed transaction, the Santa Monica, California-based company said.
Microsoft said in January that it had agreed to acquire Activision Blizzard. for 95 dollars per sharein the biggest business in the history of the video game sector, while the world’s technological giants are betting on a virtual future.
Activisionwho is facing criticism for his response to accusations of sexual harassment internship and discrimination against female employees, missed adjusted sales estimates for the first quarter on Monday due to low demand for its latest title “Call of Duty: Vanguard”.