Poor guy...
(media.kotakuinaction2.win)
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tl;dr
they were owned by a company that was bought by them. Activision runs Blizzard corporately. But there is no difference because it is just as if they were bought by Activis.
It started under activision, so yes it is. compare wc's sequels to sc, and you can tell how much of the quality had left after the merger was complete.
Point was that blizzard would have eventually gone to crap regardless of who their corporate overlord was by nature of how corporations operate.