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Activision Blizzard had really better hope the Microsoft deal pulls through.
In the month since the two companies announced their agreement to merge, Activision’s situation has deteriorated further. Federal and state regulators are widening their probes into the company’s now well-known problems with workplace misconduct. The Wall Street Journal reported last week that the latest efforts include subpoenas to police departments in the Los Angeles area for any records on several current and former employees, including current Chief Executive Bobby Kotick.