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Revealing the start of Microsoft's negotiations to buy Activision Blizzard

Revealing the start of Microsoft's negotiations to buy Activision Blizzard


A new CNBC media report shows when Microsoft quickly began negotiations to buy Activision Blizzard.

According to the latest game news and according to CNBC media reports, Microsoft started negotiations to buy Activision Blizzard just a few days after the publication of a very negative report about Bobby Kotik. It was in November 2021 that the famous Wall Street Journal published a detailed report on the very bad moral state of Activision Blizzard's work environment. The report revealed that Kotik, as the company CEO, was aware of the unhealthy work environment and allegations of abuse by Blizzard Activision employees.

The first meeting between Bobby Kotik and Phil Spencer took place on November 19


Now, based on the details of a lawsuit filed on Friday, CNBC explained that Microsoft, with its opportunity, quickly began negotiations to buy it. After the publication of the Wall Street Journal report, Blizzard Activision's management team suffered a lot of damage and the company shares fell by more than 11%.

The first meeting between Bobby Kotik and Phil Spencer took place on November 19, according to documents released in the legal case of the acquisition of Activision Blizzard by Microsoft. The incident comes just three days after the Wall Street Journal published a report on Kotic's abuse of Activision Blizzard female employees, threatening to kill their assistant in a text message and hiding information about an unhealthy work culture from Activision's board.

(Phil Spencer, Head of Microsoft Gaming)

On November 19, 2021, during a discussion on a different topic between Spencer and Kotik, Mr. Spencer expressed his interest in discussing and examining the strategic position between Activision Blizzard and Microsoft," the text of the lawsuit states. "Spencer then asked Kotik to contact Satya Nadella (Microsoft CEO) the next day if possible."

Bobby Kotik reportedly contacted Microsoft CEO the next day, November 20, after sharing the conversation with Activision Blizzard's board. In the call, Mr. Nadella announced Microsoft's desire to buy Activision Blizzard. According to the lawsuit, the negotiations lasted for two months after Kotik's contact with Nadella, and the final decision was announced on January 18. However, Bobby Kotik said at the time that he had received calls from several other companies. But in the end, the names of these potential buyers were not revealed.

The CNBC report also states that just one day after Spencer sent in-house emails on "the need to re-evaluate all aspects of Xbox's relationship with Activision and take the necessary precautions," given the shocking details of the negative report, the first conversation between Spencer and Coty took place. Is. In fact, it seems that Spencer began negotiations to buy the collection just one day after reacting negatively to the margins of Blizzard Activision management performance.

It should be noted that prior to the detailed Wall Street Report, the California Department of Justice had sued Kotik for incompetence in management, failure to deal with allegations of ill-treatment of female employees, and failure to respond to allegations of harassment and discrimination in the workplace. 
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