The fact that Microsoft is going to buy Activision/Blizzard is really hyped right now and there are lots of people who are interested in the future of both companies. This deal affected the stock of these companies. So, you may want to know how the situation is going on and what you should expect in the future. So, today we are going to provide you with information on how Activision/Blizzard stock was affected by the Microsoft merger.
Activision/Blizzard Stock After the Deal With Microsoft
The deal between Activision/Blizzard and Microsoft is the biggest deal in the gaming industry. Microsoft is going to purchase Activision/Blizzard for $68.7 billion and it is the biggest acquisition in this industry. However, this deal affected the stock of both companies and there are lots of changes that they are going to face in the future.
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With the news about the deal between these two companies shares of Activision rose by 38% and it seems like a great result for this company. Unfortunately, Microsoft investors seem to be unsatisfied with this deal. The company’s shares dropped down by almost 3% and they may be affected in the future.
The amount of money that Microsoft is going to pay to buy Activision/Blizzard seems to be very high. With the yearly revenue of Activision/Blizzard, it may take a few decades to pay off this deal. So, the future of Activision’s stock and Microsoft’s stock is based on the further development of Activision’s franchises.
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How Was Activision/Blizzard Stock Effected by the Microsoft Merger?