Idas post from this morning:
“On the other hand, the merger agreement clearly states the effects that the merger closing will have on ABK:
As a result of the merger, Activision Blizzard will become a wholly owned subsidiary of Microsoft and you will no longer own shares of Activision Blizzard common stock. Activision Blizzard expects to delist its common stock from Nasdaq as promptly as practicable after the effective time and deregister its common stock under the Exchange Act as promptly as practicable after such delisting. Thereafter, Activision Blizzard will no longer be a publicly traded company.
So, if they are starting the process I suppose that MS will close next week (or maybe even during the weekend) on every country where it's legally possible to do so (with the CMA's OK, would be my guess).”
Everything seems to be lining up for a Monday deal closure
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