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The Journal.

Why Microsoft Is Paying $75 Billion for Activision Blizzard


On Tuesday, Microsoft announced its biggest acquisition ever: It'll buy the video gaming juggernaut Activision Blizzard for $75 billion. Microsoft's betting the deal will help it build a new way to sell games to consumers, which it calls the "Netflix of games." WSJ's Aaron Tilley explains Microsoft's strategy and the risks it contains.
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