| Microsoft (Nasdaq: MSFT) is planning to close its agreed-upon $68.7 billion acquisition of Activision Blizzard (Nasdaq: ATVI) on June 30 of this year. This deal was announced way back in January 2022 and has already been approved by Activision shareholders. The purchase price will be $95 per Activision Blizzard share. Despite the closing date quickly approaching, you can still buy shares of Activision for $78 today. That is a big discount to the $95 acquisition price. So why aren't Activision Blizzard shares trading closer to Microsoft's acquisition price? Find out here. |
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