Finally! A US court has ruled that Microsoft $MSFT+2.2% can go ahead with its planned $69 billion acquisition of video game maker Activision Blizzard $ATVI+0.1%.
Activision Blizzard
ATVICapital Structure
Market Cap
74.3B
Enterpr. Val.
67.1B
Valuation
P/E
34.6
P/S
10.7
Dividends
Yield
1.0%
Payout
0.0%
I was really a bit on the fence about how this would turn out, but it looks promising now and nothing should stand in the way of the deal.
Congratulations to all shareholders of course, has anyone tried investing and betting on it turning out like this?
Great news, I have $MSFT+2.2% and I like their service in the video game industry. I think with this $MSFT+2.2% will gain a lot of fans and with their cloud gaming they will gain a lot of users.
Great, let's just get this acquisition done as soon as possible. :)
I'm glad it worked out this way in the end🙏
I see that, also in the UK, the CMA is willing to come to an agreement with MSFT;) https://finance.yahoo.com/news/1-uk-regulator-may-reconsider-160459704.html
Suddenly it's all going well. I don't really understand why this was blocked for so long when Microsoft clearly assured them that it wouldn't threaten the video game industry.
Maybe they wanted to collect some change from Sony and MSFT lobbyists for bonuses that deserved consumer protection?;)