considering their recent results…this seems like a 100% approval.
Activision is trading at an even lower point with $76.10 for their shares. I know they just underperformed and NASDAQ is down as well so shareholders will be a wary but…could this speak troubles with the acquisition @Knottian ?
All the more reason for the shareholders to want to be acquired.
Echoing what @BRiT is saying here; shareholders will have likely been provided forecasts of just how much of a downturn would occur should the acquisition fail to go through, so at this point, it really is in their best interests to vote in favor.
Thanks for your insight man. Lets hope this acquisition closes this year!
Other giants are literally involved in the same activities that had MS sued in 90s. Why are they acting surprised?
Dead franchise? Are you sure it’s not those who wants it dead because of what’s going to happen soon, let alone coming from ABK?
Microsoft will have a lot of big franchises that they can leverage. A lot of GaaS games too.
This Tweet:
With Activision shares trading 25% below Microsoft’s offer, Wall Street certainly believes the deal will fail
How does this make sense? Isn’t it supposed to be the other way around?
What?
Does this make any sense? Wall Street is simply waiting on more news like everyone else.
No, it does not suggest that.
It won’t fail, the gaming market is different to how other markets have fared with the FTC.
FTC may very decide to block the deal, but if MS is committed, they’ll win without concessions in court.
FTC might decide, but it is not in their interest to go to the courts because they can’t win there.
I have yet to read the article, but did they precise if Wall Streetthink the deal will fail with the shareholders or the FTC ?
Lol, if FTC blocks I imagine that MS will do a hellfire (diablo expansion too lol), an idle mind is the devil’s workshop, they will drag everyone involved into their own hypocrisy including letting their part pass the Tencent acquisition of Sumo Digital.