Tom Lydon / ETF Trends
Microsoft’s Activision Acquisition Excellent for ESPO – Microsoft (NASDAQ:MSFT) shook the video game universe on Tuesday, announcing that its acquiring Activision Blizzard (NASDAQ:ATVI) for $68.7 billion in cash. The transaction values the Call of Duty publisher at $95 a share a 46% premium to where the stock closed on January 14. News of the deal …