Reviews have emerged immediately that Microsoft (NASDAQ: MSFT) is on the verge of closing a monstrous $70 billion acquisition of gaming big Activision Blizzard (NASDAQ: ATVI).
Any such deal would dwarf Microsoft’s largest ever signing — LinkedIn for $26 billion again in 2016 — and would add to its latest deal to amass Bethesda again in 2021. The X-Field maker is providing a marked-up premium of virtually $20 billion on Activision’s Monday closing valuation of $50 billion, however there could also be rather more to come back.
This story is ongoing, we are going to proceed to supply updates in actual time…