Benjamin Mitchell
Benjamin Mitchell
United Kingdom
Outside the air is cold and the frost is beginning to show. But inside, my heart is warm,, because finally we have some brilliant news from 2021's problem child $ATVI ! Microsoft have announced they will be purchasing Activision Blizzard for $95/share, a total purchase of around $68 Billiion! news.xbox.com/en-us/2022/01/18/welcoming-activision-blizzard-to-microsoft-gaming/?fbclid=IwAR3dLtN20LNr_EV7ZcS_nbXLh_hgU3EhmafGBpYAXrCxjsiNhjA3uEasp28 For us investors this means a very welcome 30% boost for our ATVI position on market open today. It also means an expected trend towards $95 as Microsoft's transaction gets nearer to closing. Fantastic news, and I am very very glad to see someone is willing to take hold of the messy situation that has taken place at Activision over the last year. I hope to see Microsoft imposing it's strict values upon Activision immediately after acquisition.
Not investment advice. The author may have financial interests in the mentioned instruments.
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