Microsoft's Takeover of Activision Blizzard | MSFT Buys ATVI Stock

Microsoft needs this Activision Blizzard deal to ramp its metaverse ambitions with a mega consumer-facing footprint through the Activision gaming franchise. This deal is not cheap, but I think it's fair. So, Microsoft probably didn't overpay, given the weakness in Activision stock recently. Therefore, we believe Microsoft has wrapped up a fantastic deal that should transform its gaming metaverse ambitions.

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