Wall Street shows signs of skepticism in Microsoft’s Activision Blizzard deal, claims report

There may be new skepticism about Microsoft’s acquisition of Activision Blizzard, based on signs from Wall Street. It comes amid a prediction that US President Joe Biden’s antitrust enforcers could eventually derail the pending deal. Shareholders will vote today on whether or not the company should sell, which if successful will see Microsoft pay $95 per share or $75 billion in total for the sale.

Activision Blizzard has faced a tough time, with declining Call of Duty revenue and sales, and the loss of 60 million players in a year, which could hurt investor confidence in the company. There’s also the issue of the Federal Trade Commission serving as an obstacle to Microsoft’s acquisition. Additionally, some activist investor groups are asking shareholders to vote against the deal in part because of a potential golden parachute for Activision CEO Bobby Kotick, who is expected to leave the company following the takeover. Microsoft.