You don't need to know all of the details, or what this means for Blizzard, to understand and have a laugh. Simply note that Activision is the company that brought out titles such as Guitar Hero and Call of Duty.
I'm a particular fan of this comic, and I'm not exactly sure why. I mean, I do play Horde, and an orc at that; and no one likes to get ganked! The style in which the night elf is depicted, combined with the last frame, had me laughing out loud though.
If you hadn't heard about the merger, or would like to learn more about what this means for World of Warcraft, head over to Mike's recent update on the situation, as well as his coverage of an interview with Blizzard President and CEO, Mike Morhaime. Dan also wrote up a post summarizing the official press release and pointing to some top-notch articles around the web for more information.
If you feel you have a particularly solid grasp on the matter, Elizabeth has asked for your predictions on the future of the company. Because I know you can all tell the future, there's no point in keeping it to yourselves.