Here’s the relevant excerpt from page 70 of the document. This is entirely expected; after all, it’s the biggest deal of the past few years in the United States with the nearly $70 billion Microsoft would be paying. We’ve previously reported that the FTC would review the acquisition instead of the Department of Justice (DOJ). The Federal Trade Commission is perceived as comparatively harsher in its reviews, especially since Lina Khan was appointed as its Chair. For its part, Microsoft has tried to reassure any potential regulatory concerns when it said Call of Duty and other popular Activision Blizzard titles would remain available even on rival platforms such as Sony’s and Nintendo’s. For the record, the main reason for the proxy filing was to call for a special meeting of Activision Blizzard stockholders, scheduled for April 28th at 9:00 AM Pacific time. The meeting will be held virtually at this URL and it will include voting on the Agreement and Plan of Merger. The board is encouraging everyone to vote, since failing to do so will automatically have the same effect as voting against the proposal. Under the terms of the agreement, shareholders will receive $95 in cash without interest for each share of Activision Blizzard’s common stock. Shares are sitting at $78.84 right now, so it’s definitely in each shareholder’s interest for the deal to go through.
