December 2, 2021

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Microsoft creates a new subsidiary called Vault to merge with Fallout maker ZeniMax

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Microsoft has created a new subsidiary called Vault to merge with ZeniMax as part of its proposed takeover of the company.

A document posted on the European Commission’s website reveals Microsoft’s plan to secure approval for its $7.5bn acquisition of ZeniMax:

“The concentration is accomplished by way of a merger pursuant to which a newly created Microsoft subsidiary (‘Vault’) will be merged with and into ZeniMax.”

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