Breaking: Microsoft (MSFT) announces deal to buy Activision Blizzard (ATVI)
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CLAIM OFFERUpdate: Official press release: "Microsoft will acquire Activision Blizzard for $95.00 per share, in an all-cash transaction valued at $68.7 billion, inclusive of Activision Blizzard's net cash". Activision (ATVI) stock closed at $65.39 on Friday.
The Wall Street Journal is reporting that Microsoft (MSFT) is close to a deal to buy Activision Blizzard (ATVI).
Gaming stocks have spiked on the news, while Microsoft's shares have fallen slightly. Activision shares are now halted for news.
Microsoft Stock News
Microsoft (MSFT) shares are trading at $303, down 2%.
Activision Blizzard Stock Forecast
Activision is trading at $90, up 37%, but the stock is halted under thge news pending code.
Update: Official press release: "Microsoft will acquire Activision Blizzard for $95.00 per share, in an all-cash transaction valued at $68.7 billion, inclusive of Activision Blizzard's net cash". Activision (ATVI) stock closed at $65.39 on Friday.
The Wall Street Journal is reporting that Microsoft (MSFT) is close to a deal to buy Activision Blizzard (ATVI).
Gaming stocks have spiked on the news, while Microsoft's shares have fallen slightly. Activision shares are now halted for news.
Microsoft Stock News
Microsoft (MSFT) shares are trading at $303, down 2%.
Activision Blizzard Stock Forecast
Activision is trading at $90, up 37%, but the stock is halted under thge news pending code.
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