from Jason Schreier shares a portion of an email to staff from Bobby Kotick
where the Activision Blizzard CEO outlines the timeframe for the acquisition
reported above. He says the company will continue to operate autonomously until
the detail is consummated, which may not be until the (northern) summer of next
Transactions like these can take a long time to complete. Until we
receive all the necessary regulatory approvals and other customary closing
conditions are satisfied, which we expect to be sometime in Microsoft fiscal
2023 year ending June 30, 2023, we will continue to operate completely
autonomously. I will continue as our CEO with the same passion and enthusiasm I
had when I began this amazing journey in 1991.
Of course, this announcement will give rise to so many questions. We will host
numerous forums and events to make certain we can address your concerns. I'm
incredibly proud of this company, you, and the work we have done together. Now
it's on to our next chapter and the endless possibilities this transaction
represents for us. I couldn't be more appreciative of your efforts, focus, and
the dedication to connecting the world through joy and fun.