The CEO of Take-Two made an interesting point about Microsoft’s purchase of Activision Blizzard.

The CEO of Take-Two made an interesting point about Microsoft‘s purchase of Activision Blizzard.

According to Strauss-Zelnik, only one major company is concerned about the merger, but neither Take-Two nor most of its other competitors have any concerns.

In an interview with CNBC, the head of T2 stated that overall he does not think anyone is very concerned about the deal between Microsoft and Activision Blizzard, as the corporation’s business in this case remains fragmented. Furthermore, it does not consider that the merger will have a significant impact on the competitive environment.

Zelnik did not specify which company he was referring to, but it is likely that it was Sony Interactive Entertainment, whose CEO, Jim Ryan, had previously spoken out against the deal, saying it would have a negative impact on the PlayStation community.

The Take-Two boss also commented on the chances of closing the deal. He said that at the time of the announcement, he would have been 90 percent confident that the sale would go through, but given recent events, the likelihood has diminished somewhat.

Activision Blizzard CEO Bobby Kotick says he still expects the deal to close by June 2023. He called Microsoft “one of the most respected companies in the world” Kotick expressed readiness to delight a multi-million-dollar audience with new blockbusters under its wing.

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