Microsoft-Activision Adjust Deal Deadline Terms, Goldman Sachs' Q2 Profits Fall 60%, Johnson & Johnson Joins Legal Battle Against US Government On Drug Pricing Negotiation: Today's Top Stories
Benzinga What's Going On With Microsoft-Activision Deal? Companies Adjust Deadline Terms 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 billion if the transaction is terminated after August 29, 2023, and to $4.5 billion if the trans