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Is Activision the Best Executing Video Game Company Out There?
I'd feel great about Microsoft winning in court I see no antitrust reasons Microsoft couldn't buy this but UK CMA has some pretty interesting powers and Microsoft is not going to close Activision. handing over shares from arbs to fundamental owners tends to be a really sloppy process you can especially in a generally bearish market. It's hard to assign 20 times earnings to a video game company with that much cyclicality and execution risk maybe we're all playing video games in the metaverse in two years or everything's on Roblox i don't know so like those are it. The people on both sides here of this deal expected a big fight like they were not caught off guard, says