Will acquire Activision Blizzard for $95.00 per share?

Microsoft plans to complete an acquisition of Activision Blizzard on October 13, 2023. All holders of ATVI will receive $95.00 in exchange for each ATVI share held at the close of trading on October 12, 2023. This will affect all ATVI shareholders.
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What will happen to Activision Blizzard shareholders?

Activision stockholders will receive $95 for each share of Activision they owned prior to the close. Activision CEO Bobby Kotick will stay on in his role through the end of 2023, he wrote in an email to employees that was shared by the firm.
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Why is Activision stock not at $95?

The stock closed at $91.66, below Microsoft's offer price of $95. Due to uncertainties that have plagued the deal, Activision Blizzard shares never formed the narrow trading range that you typically see in a company whose acquisition is all but certain.
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Will the Activision Blizzard acquisition go through?

Microsoft has closed its $69 billion acquisition of video game publisher Activision Blizzard , according to a regulatory filing by the company Friday.
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How much is Microsoft going to buy Activision for per share?

Announcement. On January 18, 2022, Microsoft announced its intent to acquire Activision Blizzard for $68.7 billion in an all-cash deal, or approximately $95 per share.
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Microsoft to Acquire Activision Blizzard for $68 Billion. What Does This Mean For PlayStation?

Should I sell ATVI stock?

The highest analyst price target is $96.00 ,the lowest forecast is $90.00. The average price target represents 0.13% Increase from the current price of $94.42. Activision Blizzard's analyst rating consensus is a Hold. This is based on the ratings of 14 Wall Streets Analysts.
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Is Activision Blizzard a good stock to buy?

Activision Blizzard has received a consensus rating of Hold. The company's average rating score is 2.06, and is based on 1 buy rating, 16 hold ratings, and no sell ratings.
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What is the status of Activision takeover?

With those conversations still ongoing, Microsoft and Activision Blizzard agreed to extend their merger agreement deadline by three months until October 18, 2023, to allow them to clear any final regulatory hurdles and bring the merger home. As of October 13, 2023, the deal has closed.
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What will happen if Microsoft buys Activision?

Following this acquisition, Microsoft will own more gaming studios, the availability of Call of Duty and other Activision Blizzard franchises will shift, and unionization efforts within Activision Blizzard could gain a bit more ground.
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What will happen after Microsoft buys Activision?

The acquisition will make way for Microsoft to own all the developers under the Activision Blizzard company, from Activision Publishing to King. Microsoft will now own all the developers under the Activision Blizzard company, including teams at Activision Publishing, Blizzard Entertainment, and King.
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Did Warren Buffett buy Activision stock?

Buffett's view was that the risk/reward looked attractive. Most of the Activision holding was bought by Buffett and the rest by one of his two investment lieutenants, Ted Weschler or Todd Combs, who run about 10% of Berkshire Hathaway's equity portfolio.
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How much Activision stock did Warren Buffett buy?

One of Buffett's deputies oversaw Berkshire's purchase of 14.7 million Activision shares in 2021.
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Why did Warren Buffett sell Activision?

The Activision investment was a form of arbitrage, with Buffett viewing investors as too pessimistic that regulators would approve combining Microsoft's Xbox gaming console business with the publisher of the "Call of Duty" and "Candy Crush" franchises.
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How much will MSFT pay for ATVI?

Microsoft (MSFT) on Friday finalized its $69 billion purchase of "Call of Duty" maker Activision Blizzard (ATVI), according to a regulatory filing from the company Friday, in what is the largest-ever merger for the gaming market.
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Who owns shares in Activision Blizzard?

Largest shareholders include VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, Farallon Capital Management Llc, VFINX - Vanguard 500 Index Fund Investor Shares, Davidson Kempner Capital Management Lp, Norges Bank, FXAIX - Fidelity 500 Index Fund, Spdr S&p 500 Etf Trust, Hudson Bay Capital Management LP, ...
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Who is the new owner of Activision Blizzard?

Microsoft announced its intent to acquire Activision Blizzard for $68.7 billion on January 18, 2022. The acquisition was completed on October 13, 2023. Activision Blizzard is a subsidiary of Microsoft Gaming along with Xbox Game Studios and ZeniMax Media.
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Can the CMA block Activision merger?

Why the CMA blocked the Microsoft-Activision deal. The U.K. CMA efficiently blocked the acquisition in April, saying the deal raises competition concerns in the nascent cloud gaming market.
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Why can't Microsoft just buy Activision?

The reason the purchase was bogged down by legal action is competition. By acquiring Activision Blizzard, critics argued, Microsoft's gaming division would simply own too much of the industry, unfairly limiting its competitors and ultimately harming consumers.
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What does it mean when Microsoft buys Blizzard?

As Singh put it, in one shot, the Activision purchase enables Microsoft to shorten time-to-market with new gaming products, expand its reach, and deepen its penetration in those markets.
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Who just acquired Activision?

It's official: Microsoft has bought Activision Blizzard for an incredible $69 billion. It's the biggest buyout in video game history, and in one fell swoop expands Xbox's first-party offering to encompass everything from Call of Duty to World of Warcraft.
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Has the Microsoft Activision deal been finalized?

It had to pass through the regulatory gauntlet for a number of different countries, including the US, UK and Europe, but Microsoft's major acquisition of Activision Blizzard has now been finalized.
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Is Activision leaving Call of Duty?

“We are pleased to announce that Microsoft and PlayStation have signed a binding agreement to keep Call of Duty on PlayStation following the acquisition of Activision Blizzard,” Microsoft Gaming CEO Phil Spencer said on Twitter Sunday. Activision is the maker of the best-selling Call of Duty lineup.
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Is Activision Blizzard a good long term investment?

Considering longer term price metrics, like performance over the last three months or year, can be advantageous as well. Shares of Activision Blizzard, Inc have increased 12.05% over the past quarter, and have gained 20.03% in the last year. On the other hand, the S&P 500 has only moved 3.45% and 15.85%, respectively.
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Does Activision Blizzard pay a dividend?

Dividend Summary

The previous Activision Blizzard Inc dividend was 99c and it went ex 7 months ago and it was paid 7 months ago. There is typically 1 dividend per year (excluding specials), and the dividend cover is approximately 7.4.
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Who is Activision Blizzard's biggest competitor?

Activision Blizzard's competitors
  • Playtika.
  • Zynga.
  • Electronic Arts.
  • Take-Two Interactive.
  • Epic Games.
  • Ubisoft.
  • Nintendo.
  • Twitch.
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