Microsoft’s Activision Acquisition Excellent for ESPO
January 19, 2022 at 12:04 PM EST
Microsoft (NASDAQ:MSFT) shook the video game universe on Tuesday, announcing that it’s acquiring Activision Blizzard (NASDAQ:ATVI) for $68.7 billion in cash. The transaction values the Call of Duty publisher at $95 a share — a 46% premium to where the stock closed on January 14. News of the...
