It's official: Microsoft has bought Activision Blizzard for an incredibleR$69 billion. It's the biggest buyout in video game history, and in one fell swoop expands Xbox's first-party offering to encompass everything from Call of Duty to World of Warcraft.

Activision Still Trading Below Offer Price\n\n The stock closed atR$91.66, below Microsoft's offer price ofR$95. Due to uncertainties that have plagued the deal, Activision Blizzard shares never formed the narrow trading range that you typically see in a company whose acquisition is all but certain.