Activision Blizzard's shareholders have overwhelmingly voted in favor of a . More than 98 percent of the shares that voted at a special meeting held on Thursday approved of the merger.
Though the company called the vote non-binding and advisory, the deal could not have moved forward without the majority of shareholders giving it the green light. The board of directors unanimously agreed it was in the best interest of Activision Blizzard and its shareholders, and recommended they vote in favor.
The planned merger is not finalized and it could still collapse. The Federal Trade Commission is and is expected to closely scrutinize the details. Under chair , the FTC has NVIDIA's attempt to and against Meta over its purchases of Instagram and WhatsApp.
There are other considerations that may impact the planned Activision Blizzard-Microsoft merger beyond antitrust concerns. The embattled game publisher has been the subject of and accusations alleging and . Meanwhile, some quality assurance workers at Activision studio Raven Software are over the next few weeks.