Activision’s risk-reward trade-off defies Microsoft deal doubt
(Bloomberg) — For analysts who follow Activision Blizzard Inc., it’s almost as if the video game company never decided to sell itself to Microsoft Corp. for $69 billion. Bloomberg’s Most Read As investors grow increasingly doubtful that the deal will survive antitrust scrutiny, Wall Street brokerages are growing optimistic about Activision’s standalone prospects. Their 12-month …
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