Microsoft Closes $69 Billion Activision Blizzard Acquisition After Lengthy Antitrust Review

Microsoft completes $69 billion purchase of Activision Blizzard after antitrust approval.

Deal took nearly 22 months to close due to concerns it could stifle competition.

Activision owns major franchises like Call of Duty, Diablo, and Overwatch.

Microsoft agreed to sell Activision's European cloud gaming rights to Ubisoft for 10 years.

Regulators worried deal could allow Microsoft to dominate gaming, but ultimately approved it.