Law 360 M&A

FEBRUARY 29, 2024

An Activision Blizzard shareholder that sued in Delaware's Court of Chancery over the company's $68.7 billion sale to Microsoft Corp. got the nod Thursday to move forward with the proposed class action that alleges the merger process may have violated Delaware law.

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Benzinga

DECEMBER 20, 2022

(NASDAQ: NFLX ) has shed over 52% for the year-to-date period even as the company has embarked on a turnaround plan following a massive loss of net paid subscribers earlier this year. A report explored the possibility of the streaming giant being an object of interest to another large-cap tech company.

Technology 97

Technology 97

Benzinga

JULY 19, 2023

Microsoft Corp (NASDAQ: MSFT ) and Activision Blizzard, Inc (NASDAQ: ATVI ) stocks are grabbing attention amid reports of the companies extending the $69 billion takeover deal to October 18. The terms of the agreement include an increase in the termination fee payable to Activision Blizzard from $3.0 billion to $3.5

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Dividends 98

Benzinga

JULY 14, 2023

Microsoft Corp (NASDAQ: MSFT ) and Activision Blizzard, Inc (NASDAQ: ATVI ) stocks are trading higher Friday amid reports of the companies exploring giving up some control of their cloud-gaming business in the U.K. to appease regulators to complete their $69 billion merger by the July 18 deadline.

Equity 96

Equity Marketability 96

Law 360 M&A

JANUARY 30, 2023

Microsoft Corp.'s s head of communications has alleged that rival Sony Interactive Entertainment LLC misled European Union antitrust officials by claiming that Microsoft would cut off access to Call of Duty if the company's planned $68.7 billion purchase of developer Activision Blizzard were to go through.

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Benzinga

JANUARY 9, 2024

Microsoft Corp ‘s (NYSE: MSFT ) multi-billion dollar investment in artificial intelligence (AI) developer OpenAI is coming under further scrutiny after the European Commission (EC), the EU’s competition authority, said it was “checking” the relationship between the two companies. ” U.K. ” U.K.

Marketability 52

Marketability Equity 52

Benzinga

JUNE 23, 2023

In a court document submitted during the Federal Trade Commission 's (FTC) hearing regarding Microsoft Corp.'s billion acquisition of Activision Blizzard Inc (NASDAQ: ATVI ), the Xbox manufacturer admitted that it has lost the video game wars against rivals Sony Group Corp. 's (NASDAQ: MSFT ) $68.7

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Law 360 M&A

JULY 31, 2023

Microsoft Corp. wants United Kingdom antitrust authorities to rethink the block imposed on the company's $68.7 billion takeover of Activision Blizzard Inc.,

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Marketability 75

Benzinga

OCTOBER 17, 2022

chipmaker Broadcom Inc (NASDAQ: AVGO ) agreed in May to acquire cloud computing company VMware Inc (NYSE: VMW ) for $61 billion. The company is seeking early European Union antitrust approval by pointing to competition from Amazon.com Inc (NASDAQ: AMZN ), Microsoft Corp (NASDAQ: MSFT ), and Alphabet Inc (NASDAQ: GOOG ) (NASDAQ: GOOGL ).

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Benzinga

DECEMBER 29, 2023

This tool, developed in collaboration with Microsoft Corp (NASDAQ: MSFT ) and OpenAI, is instrumental in creating Harvey, the company’s own legal AI start-up. The London-based firm announced that over a thousand of its internal lawyers, along with various undisclosed clients, are utilizing ContractMatrix.

Start-ups 72

Start-ups Equity Marketability 72

Benzinga

JULY 13, 2023

What Happened : Technology giant Microsoft Corporation (NASDAQ: MSFT ) announced a $69-billion acquisition of Activision Blizzard (NASDAQ: ATVI ) in January 2022, valuing shares of the video game company at $95 each. The news could lead to the merger ultimately being approved and might have kickstarted stock market index shuffling.

Technology 98

Technology Marketability 98

Law 360 M&A

FEBRUARY 22, 2023

Microsoft Corp. finalized 10-year agreements with Nvidia and Nintendo to bring more games to their platforms as its leaders met with European enforcers to talk about the company's planned $68.7 billion purchase of video game developer Activision Blizzard.

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Law 360 M&A

JANUARY 10, 2023

A stockholder of a Microsoft Corp. merger target sued the acquired company in Delaware's Court of Chancery for records leading up to the $190 million deal, alleging that the company's common stockholders were shut out of pre-deal financing that diverted most of the merger proceeds to insiders.

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Finance 75

Benzinga

OCTOBER 16, 2023

Microsoft Corp (NASDAQ: MSFT ) stock is trading higher Monday after the company completed the $69 billion Activision Blizzard acquisition after winning the U.K. The FTC proposed assessing the company's agreement with Ubisoft , Full story available on Benzinga.com regulator approval last week. Meanwhile, the U.S.

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Benzinga

JUNE 28, 2023

Bobby Kotick , Activision Blizzard Inc 's (NASDAQ: ATVI ) CEO, said that the company would probably walk away from the $68.7 billion takeover bid by Microsoft Corp. NASDAQ: MSFT ) if the U.S. Federal Trade Commission (FTC) succeeds in obtaining a ruling that would pause the deal. Full story available on Benzinga.com

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Benzinga

JUNE 21, 2023

Federal Trade Commission (FTC) has submitted a new document that emphasized Microsoft Corp.'s 's (NASDAQ: MSFT ) post-acquisition conduct involving ZeniMax and Bethesda as "powerful evidence" against the company's intended acquisition of Activision Blizzard Inc (NASDAQ: ATVI ).

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Benzinga

MAY 25, 2023

Microsoft Corp (NASDAQ: MSFT ) has taken a formal step in its battle against the U.K.'s A Microsoft spokesperson confirmed to Bloomberg that the company had filed the appeal with the Competition Appeal Tribunal (CAT) on Wednesday, just in time to meet the deadline. Full story available on Benzinga.com

Marketability 52

Marketability 52

Benzinga

JULY 20, 2023

NASDAQ: ATVI ) by Microsoft Corp. What Happened: The decision marks a significant victory for Microsoft and Activision as they strive to finalize the largest-ever gaming deal amidst regulatory hurdles in the U.S. The companies had requested the F.T.C. The companies had requested the F.T.C. NASDAQ: MSFT ).

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Benzinga

JANUARY 9, 2024

Microsoft Corp's (NASDAQ: MSFT ) $13 billion investment in OpenAI is under scrutiny by the European Union , potentially leading to a full investigation under the bloc's merger rules. Microsoft's integration of OpenAI's products across its businesses has quickly established it as a leading AI company, prompting rivals.

Marketability 52

Marketability 52

Benzinga

MAY 22, 2023

Benchmark Company analyst Mike Hickey named Activision Blizzard Inc. Benchmark Price Target: In regard to Microsoft Corp.'s NASDAQ: ATVI ) as a top pick in the Entertainment & Digital Media sector and set a price target of $90.

Marketability 96

Marketability 96

Benzinga

APRIL 28, 2023

Benzinga Playing the Regulator Game: Microsoft Strikes Nware Deal to Woo Skeptical European Officials Over Activision Acquisition Microsoft Corp (NASDAQ: MSFT ) President Brad Smith tweeted that European cloud gaming platform Nware inked a 10-year agreement to stream PC games built by Xbox on Nware's platform. The company.

Marketability 52

Marketability 52

Law 360 M&A

DECEMBER 11, 2022

Microsoft Corp. company said on Monday, as they start a 10-year partnership to develop cloud data and analytics products. will buy a 4% stake in London Stock Exchange Group, the U.K.

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Benzinga

NOVEMBER 28, 2022

Analysts at Wells Fargo & Co (NYSE: WFC ) and Morgan Stanley (NYSE: MS ) each gave Activision Blizzard Inc (NASDAQ: ATVI ) an updated price target of $95 per share Monday, following the news the buyout deal tendered by Microsoft Corp (NASDAQ: MSFT ) may be blocked. These 2 Companies Think. antitrust regulators.

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Benzinga

MARCH 28, 2023

On Tuesday, Japan's antitrust watchdog said it did not expect a merger between Microsoft Corp's (NASDAQ: MSFT ) and Activision Blizzard Inc (NASDAQ: ATVI ) takeover to hamper competition.

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Benzinga

APRIL 6, 2023

What Happened: The fund, through its subsidiary Savvy Games, bought Scopely , an interactive entertainment company and mobile-first video game developer and publisher, for $4.9 billion, Microsoft Corp (NASDAQ: MSFT ) buying ZeniMax for $8.1 billion, Microsoft Corp (NASDAQ: MSFT ) buying ZeniMax for $8.1

Marketability 52

Marketability 52

Law 360 M&A

JUNE 9, 2023

A Wisconsin-based information security firm is accusing Microsoft Corp. of breach of contract in a Washington state court, alleging the tech company misused stolen account credentials recovered from the dark web.

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Benzinga

MARCH 23, 2023

Toshiba Accepts $15B Acquisition Bid From JIP Group Toshiba Corp (OTC: TOSYY ) has reportedly accepted an acquisition offer from a Japanese consortium. The company's board approved a bid of $15.3 The group comprises about 20 Japanese companies, including Orix Corp (NYSE: IX ), Rohm Co, and Chubu Electric Power Co.

Private Equity Firm 97

Private Equity Firm Equity Technology Marketability 97

Benzinga

APRIL 28, 2022

Before it was made public that Musk had an interest in the company, the stock was languishing at the $40 area. 16, Microsoft Corp (NASDAQ: MSFT ) made an all-cash offer for Activision Blizzard (NASDAQ: ATVI ) for $95 a share. We all know Elon Musk’s offer to purchase Twitter Inc. There was skepticism right from the start.

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Benzinga

MARCH 2, 2023

Sony Group Corp (NYSE: SONY ) is rumored to be considering a major acquisition of Take-Two Interactive Software, Inc (NASDAQ: TTWO ), a holding company behind popular game developers such as 2K Games, Rockstar Games, and Visual Concepts, as reported by the gaming sites Xfire and GameCentral.

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Benzinga

DECEMBER 12, 2022

Broadcom pined for early EU approval of the deal by highlighting competition from Amazon.com Inc (NASDAQ: AMZN ), Microsoft Corp (NASDAQ: MSFT ), and Alphabet Inc (NASDAQ: GOOG ) (NASDAQ: GOOGL ) Google in the cloud computing market. Broadcom had a so-called state-of-play meeting with European Commission officials earlier this week.

Marketability 98

Marketability 98

Benzinga

JUNE 20, 2022

TORONTO and GATINEAU, Québec, June 20, 2022 (GLOBE NEWSWIRE) -- Converge Technology Solutions Corp. (" Converge " or "the Company ") (TSX: CTS ) (FSE:0ZB) (OTCQX: CTSDF ) a software-enabled IT & Cloud Solutions provider, is pleased to announce its majority owned subsidiary, Portage CyberTech Inc.

Technology 40

Technology 40

Benzinga

FEBRUARY 2, 2023

02, 2023 (GLOBE NEWSWIRE) -- Elys Game Technology, Corp. Elys" or the "Company") (NASDAQ: ELYS )(BER:3UW), an interactive gaming and sports betting technology company, today announced that it has completed the acquisition of a premium software engineering and IT development firm, Engage IT Services, S.r.l. NEW YORK, Feb.

Technology 40

Technology 40

Cooley M&A

JANUARY 20, 2022

For companies that fell victim to cyberattacks, it has been reported that 67% of those attacks targeted remote workers and, for the vast majority of companies affected, at least one attack was attributable to systems put in place in response to COVID-19.

Private Equity Firm 40

Private Equity Firm eCommerce Equity Marketability 40

Reynolds Holding

FEBRUARY 1, 2023

A wide number of companies also announced separations, divestitures, carve-outs and spin-offs across industries over the course of the year, with over thirty $1 billion-plus divestitures and nearly forty spin-offs announced. billion acquisition by a consortium led by Permira and Hellman & Friedman and Thoma Bravo’s $10.7

Finance 45

Finance Equity Technology Banking 45

Reynolds Holding

MARCH 30, 2023

The last several years have seen companies publicly engaged with a variety of sensitive social and political issues ranging from gun control to LBGTQ and voting rights legislation to gender and racial equality to abortion rights. SLS Letter from Dean (stanford.edu) In re McDonald’s Corp. Stockholder Derivative Litigation, C.A.

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