Aubs73

Microsoft buying Activision in Q3?

Long
CAPITALCOM:ATVI   None
The end of Q2/H1 has heavily impacted the majority of stocks as we know. The announced takeover of Activision by Microsoft in my eyes has been put on hold due to the market downturn, pushing back into the second half of Q3 or even as late as mid Q4.

With the buyout suggest to be at US$95 i feel that the current price of US$78 is a good buy.

There is a lot of reasons for Microsoft to make this purchase so I dont think they are going to walk away because it was a bad quarter for everyone.

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