The possibility of Activision not being part of Microsoft has never looked more clear than after the CMA decided to block the deal this week. After considering this possibility, it’s natural to wonder what’s next for the companies involved. Xbox already revealed what would happen to her and Microsoft, but what will happen to Activision? Will you look for another buyer who does not have a business in the cloud so that he does not compromise the purchase?
There could be no better person to answer these questions than Bobby Kotick, CEO of Activision Blizzard King, who was on hand for an interview on the show. Squawk Box from CNBC.
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There, Kotick made it clear that the main objective is still to complete the purchase. However, if the agreement is not reached, the executive recalled that Activision Blizzard King will then receive $3 MMDD as a break-up fee, a bonus that Microsoft will grant for not completing the purchase and that at the end of the year his company would have around of $18 million.
On how he would use the money earned, Kotick said that in its 30-year history, the company has always used capital well for the benefit of investors, so he hinted that he would do the same in this case.
In case you missed it: Bobby Kotick suggests that the FTC influenced the blocking by the CMA.
Will Activision look for another buyer if Microsoft fails in its deal?
The more interesting question, however, was what would happen to Activision Blizzard King if it didn’t join Microsoft: would it look for another buyer, would it remain independent, or would it look to buy a studio?
In this regard, Kotick mentioned that his company is strong and that it will continue to operate independently, although he acknowledged that it will not be easy (which is why he is looking to join Microsoft).
“It just gets more challenging when you’re operating in a global market where in Japan you don’t have free consumer access, where in China you have to do a partnership to be able to operate,” the manager said. “You know, fair competition should start in the countries that we operate in, like the UK and the US and I think we shouldn’t focus more on things like a reciprocal trading framework that really allows us to compete in countries like China and Japan. more effectively. Not impeding competition”.
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