Activision Blizzard CEO Bobby Kotick, In Interview With Variety, Said He Was Ready To Buy Time Warner In 2018
Portfolio Pulse from Charles Gross
Activision Blizzard CEO Bobby Kotick revealed in an interview with Variety that he was prepared to buy Time Warner in 2018. The discussion also touched on the toxic workforce claims and the Microsoft deal.
May 31, 2023 | 9:44 pm
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NEUTRAL IMPACT
Activision Blizzard CEO Bobby Kotick's revelation of a potential Time Warner acquisition in 2018 highlights the company's growth ambitions.
The news of a potential Time Warner acquisition in 2018 demonstrates Activision Blizzard's growth ambitions. However, as the deal did not materialize, the short-term impact on ATVI's stock price is neutral.
CONFIDENCE 85
IMPORTANCE 60
RELEVANCE 80
NEUTRAL IMPACT
The Microsoft deal with Activision Blizzard was discussed in the interview, but no new significant information was revealed.
The Microsoft deal was mentioned in the interview, but no new significant information was provided. Therefore, the short-term impact on MSFT's stock price is neutral.
CONFIDENCE 90
IMPORTANCE 40
RELEVANCE 50
NEUTRAL IMPACT
Time Warner was mentioned as a potential acquisition target for Activision Blizzard in 2018, but the deal did not materialize.
The news that Time Warner was a potential acquisition target for Activision Blizzard in 2018 is interesting, but as the deal did not happen, the short-term impact on T's stock price is neutral.
CONFIDENCE 85
IMPORTANCE 40
RELEVANCE 50