Trading Microsoft and Activision as Buyout Remains in Limbo

Shares of Activision Blizzard  (ATVI) – Get Free Report fell just over 4% on Friday, while Microsoft  (MSFT) – Get Free Report stock ended slightly lower.

That’s as there are questions beginning to swirl around Microsoft’s proposed $69 billion buyout of Activision.

In January, the two companies came to an agreement where Microsoft would buy Activision for $95 a share.

Despite antitrust concerns, many investors were confident the deal would close. Even Warren Buffett has expressed that confidence, as his Berkshire Hathaway  (BRK.A) – Get Free Report  (BRK.B) – Get Free Report firm has been accumulating shares of Activision this year.

Source: https://www.thestreet.com/video-games/trading-microsoft-activision-as-buyout-remains-in-limbo-msft-atvi-technical-analysis?puc=yahoo&cm_ven=YAHOO&yptr=yahoo