13.04.2023

Investors: Activision Blizzard will be able to ask Microsoft for a higher price if the deal closes later than June

The purchase of Activision Blizzard could cost Microsoft more than $68.7 billion. According to Bloomberg, according to some investors, Activision Blizzard has every reason to demand a large amount from the corporation if the deal cannot be closed on time.

Investors became more optimistic about the deal after the British regulator softened its point of view. On March 24, he tentatively stated that the takeover would not harm competition in the console games market. According to estimates by Aaron Glick of Cowen & Co., the market now believes that the deal will close with a probability of 50-60%.

According to NASDAQ data, on March 31, the value of Activision Blizzard shares rose to $85.59 apiece and has been at a consistently high level since then. The last time they traded more expensive in 2021, even before the announcement of the deal. nsa transactions.

Source:

Bloomberg
Comments
Write a comment...
Related news