'Activision Will Be Jilted if Microsoft Deal Blocked, CEO Kotick Says' -Bloomberg
Portfolio Pulse from Benzinga Newsdesk
Activision Blizzard CEO, Bobby Kotick, has stated that the company will be left in a difficult position if the proposed acquisition by Microsoft is blocked. The deal, which is currently under regulatory scrutiny, is seen as crucial for Activision's future.
June 28, 2023 | 6:38 pm
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NEGATIVE IMPACT
Activision Blizzard's future is uncertain if the Microsoft acquisition is blocked. This could potentially lead to instability in the company's stock.
The potential blocking of the Microsoft acquisition deal could lead to instability for Activision Blizzard. This uncertainty could negatively impact the company's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Microsoft's proposed acquisition of Activision Blizzard is under regulatory scrutiny. If blocked, it could impact Microsoft's expansion plans in the gaming industry.
Microsoft's plans to expand in the gaming industry could be hindered if the acquisition of Activision Blizzard is blocked. This could potentially have a negative impact on Microsoft's stock in the short term.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80