Investors have been worrying that FTC chair Lina Khan would pull the plug on the deal. And that antitrust issues would stop Microsoft in its tracks. There has also been pushback from politicians and investors due to the size of the deal. That’s one of the reasons Activision shares have been trading so much lower than Microsoft’s offer.
After the special meeting Activision Blizzard CEO Bobby Kotick commented that “Today’s overwhelmingly supportive vote by our stockholders confirms our shared belief that, combined with Microsoft, we will be even better positioned to create great value for our players.”
He said the deal would provide “even greater opportunities for our employees, and to continue our focus on becoming an inspiring example of a welcoming, respectful and inclusive workplace.” This may have been a reference to the fact that the company still faces a number of lawsuits for harassment, retaliation and discrimination.
Activision Blizzard is the game-maker of many popular games like Call of Duty, Overwatch, World of Warcraft and Candy Crush.
