Description
⋅ Microsoft had agreed to acquire Activision Blizzard ATVI in a cash deal valued at $68.7 billion, equal to $95 per share.
Activision Blizzard owns some of the most popular gaming franchises globally: World of Warcraft, Call of Duty, and Candy Crush.
So there is a 17% upside arbitrage here, if the deal does close.
Trade active
⋅ Microsoft Can Close Its $75 Billion Buy of Activision Blizzard, Judge Rules!
Trade closed: target reached
⋅ U.K. regulator signals approval for Microsoft to buy Activision Blizzard!