Activision Blizzard, Inc. (Nasdaq: ATVI) Activision Blizzard CEO Bobby Kotick today sent the following letter to all employees. Team, I wanted to provide a brief update on our pending merger with Microsoft. This week the U.S. Federal Trade Commission (FTC) announced its decision to challenge the deal. This means they will file a lawsuit to block the merger, and arguments will be heard by a judge. This sounds alarming, so I want to reinforce my confidence that this deal will close. The allegation(…..) Continue reading »
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