The Dow Jones Industrial Average (DJINDICES: ^DJI) tumbled on Monday, down 2.9% at 12:15 p.m. EDT. The possibility of renewed restrictions due to a second wave of COVID-19 and the lack of action from Congress on new stimulus measures could be contributing to the market's decline
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Microsoft (NASDAQ: MSFT) announced today that it will acquire ZeniMax and its game-publishing wing Bethesda in a $7.5 billion all-cash deal. ZeniMax's Bethesda gaming subsidiary is responsible for major franchises including Fallout, The Elder Scrolls, and Doom.
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Microsoft Corp said on Monday it would acquire ZeniMax Media for $7.5 billion in cash, strengthening its Xbox video game offering with the studio behind smash hit titles Fallout and the Doom reboot.
Microsoft Corp said on Monday
it would acquire video game publisher ZeniMax Media for $7.5
billion in cash.
(Reporting by Munsif Vengattil in Bengaluru; Editing by Anil
D'Silva)
((munsif.vengattil@thomsonreuters.com;))
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