Activision Blizzard pops as UK regulator narrows inquiry scope on Microsoft merger
Activision Blizzard (NASDAQ:ATVI) shares surged nearly 8% in premarket trading on Friday after the U.K.'s antitrust regulator "provisionally concluded" that the proposed deal would not reduce competition in the console gaming market.
"The [Competition and Markets Authority] has provisionally concluded that the anticipated acquisition by Microsoft Corporation of Activision Blizzard, Inc. will not result in a substantial lessening of competition in relation to console gaming in the UK," the agency wrote in a statement.
[link] [comments] https://www.reddit.com/r/stocks/comments/120l9so/activision_blizzard_pops_8_as_uk_regulator/
Login to add comment
Other posts in this group
Please use this thread to discuss your portfolio, learn of other stock tickers, and help out users by giving constructive criticism.
Why quarterly? Public comp
When you sell a stock to buy another stock, do you prefer to set the estimated amount of the capital gains taxes aside in a money market or do you think it better to
Saving for retirement is crucial, but relying solely on a 401(k) might not be enough due to high inflation. Consider investing in growth stocks, especially in the tec
I’m think this is not a good investment as there is no chatter at all on the 52 week low. They are involved in a class action lawsuits by investors and credit card co
Sorry if this is the wrong sub. Let’s say I had $1 million in VOO but I wanted to sell half of it to buy SCHD. It would suck to pay taxes on $500k. So how would you g
Hey guys, I did a deep dive into Crocs. In this analysis, I will do a brief breakdown of the company and go over some quantitative data, qualitative data and estimate
