Microsoft (MSFT) shook the tech and gaming industries on Tuesday when it announced its planned purchase of Activision Blizzard (ATVI) for $68.7 billion. The deal, slated to close in 2023, would instantly turn Microsoft into the owner of one of the biggest franchises in the world, “Call of Duty,” and make it a key mobile gaming player.
But according to Jefferies analyst Brent Thill, the deal is also a huge win for Activision Blizzard and its employees, who have had to contend with an…
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