Microsoft is buying Activision, the major video game publisher behind the “Call of Duty” franchise, in an all-cash deal valued at around $68.7 billion.
It’s Microsoft’s largest ever acquisition, and the largest video game acquisition in history.
The price values Activision’s stock at $95.00 per share — a price it hasn’t held since July 2021, when news first broke that the state of California was suing the publisher over allegations of widespread harassment that proliferated due to the company’s “frat boy” culture.
