Get all your news in one place.

100's of premium titles.
One app.

Get all your news in one place.

100's of premium titles. One news app.

Benzinga

Business

Shanthi Rexaline

Microsoft Analyst Says Acquisition Of Activision Blizzard Is 'A Major Bet On Consumer'

Microsoft Activision Daniel Ives Microsoft Corporation

Microsoft Corporation (NASDAQ:MSFT) announced Tuesday a deal to buy Activision Blizzard Inc (NASDAQ:ATVI) for $95 per share in cash, valuing the game developer at $68.7 billion. An analyst at Wedbush broke down the deal dynamics, and how it will impact Redmond's business.

The Microsoft Analyst: Daniel Ives has an Outperform rating and $375 price target for Microsoft shares.

Sign up to read this article

Read news from 100's of titles, curated specifically for you.

Already a member? Sign in here

Top stories on inkl right now

Xocova Users Who Still Caught COVID Reported Fewer Severe Symptoms in Small, Exploratory Company-Sponsored Trial Analyses

Xocova Users Who Still Caught COVID Reported Fewer Severe Symptoms in Small, Exploratory Company-Sponsored Trial Analyses

New exploratory Xocova data from IDWeek suggest fewer severe symptoms in breakthrough COVID cases. What households should know about the limits and cost.

Met Detective Seeks Resignation: Rape survivor wins six‑figure Met payout

Met Detective Seeks Resignation: Rape survivor wins six‑figure Met payout

A Metropolitan Police detective who was raped by former Scotland Yard officer David Carrick has called for commissioner Sir Mark Rowley to resign, saying the force’s handling of her subsequent legal battle was “like being raped all over again”.

The Times of India

Europe faces threat of organised sabotage, terrorist attacks: Estonian FM Tsahkna

Europe faces threat of organised sabotage, terrorist attacks: Estonian FM Tsahkna

Estonia's counterintelligence service has recently warned that sabotage operations orchestrated by Russian special services have reached a new and dangerous phase in Europe, with targets no longer being purely symbolic. Talking Europe sits down with the country's foreign minister, Margus Tsahkna, to discuss the security situation in Estonia and the…

US supreme court sides with Republicans on rejecting student IDs in New Hampshire midterms

US supreme court sides with Republicans on rejecting student IDs in New Hampshire midterms

Voting rights advocates say directive would disenfranchise young and low-income voters, but Republicans say it’s needed to combat voter fraud

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

US State Department issues warning to NFL fans in Paris ahead of game

US State Department issues warning to NFL fans in Paris ahead of game

A weekend event for Steelers fans has been canceled because of security concerns

The Independent UK

France to deploy 70,000 police on Saturday to prevent civil unrest

France to deploy 70,000 police on Saturday to prevent civil unrest

Security forces to include elite units usually used for counter-terrorism after worst street violence in years

The Guardian - UK

Related Stories

Top stories on inkl right now

Xocova Users Who Still Caught COVID Reported Fewer Severe Symptoms in Small, Exploratory Company-Sponsored Trial Analyses

Xocova Users Who Still Caught COVID Reported Fewer Severe Symptoms in Small, Exploratory Company-Sponsored Trial Analyses

New exploratory Xocova data from IDWeek suggest fewer severe symptoms in breakthrough COVID cases. What households should know about the limits and cost.

Met Detective Seeks Resignation: Rape survivor wins six‑figure Met payout

Met Detective Seeks Resignation: Rape survivor wins six‑figure Met payout

A Metropolitan Police detective who was raped by former Scotland Yard officer David Carrick has called for commissioner Sir Mark Rowley to resign, saying the force’s handling of her subsequent legal battle was “like being raped all over again”.

The Times of India

Europe faces threat of organised sabotage, terrorist attacks: Estonian FM Tsahkna

Europe faces threat of organised sabotage, terrorist attacks: Estonian FM Tsahkna

Estonia's counterintelligence service has recently warned that sabotage operations orchestrated by Russian special services have reached a new and dangerous phase in Europe, with targets no longer being purely symbolic. Talking Europe sits down with the country's foreign minister, Margus Tsahkna, to discuss the security situation in Estonia and the…

US supreme court sides with Republicans on rejecting student IDs in New Hampshire midterms

US supreme court sides with Republicans on rejecting student IDs in New Hampshire midterms

Voting rights advocates say directive would disenfranchise young and low-income voters, but Republicans say it’s needed to combat voter fraud

The Guardian - US

One subscription that gives you access to news from hundreds of sites

Already a member? Sign in here

US State Department issues warning to NFL fans in Paris ahead of game

US State Department issues warning to NFL fans in Paris ahead of game

A weekend event for Steelers fans has been canceled because of security concerns

The Independent UK

France to deploy 70,000 police on Saturday to prevent civil unrest

France to deploy 70,000 police on Saturday to prevent civil unrest

Security forces to include elite units usually used for counter-terrorism after worst street violence in years

The Guardian - UK

Our Picks

Raw vs fresh: Is this brand's 'Michelin Dog Star' food worth the hype?

Billed as the nation’s top-rated dog food, here’s why your pet might be better off eating human-grade ingredients

Evening Standard

Popular McDonald’s item’s return is confirmed — here’s what to know

Menu item will be available in certain states starting October 27

The Independent UK

'I Want To Mind My Business': A$AP Rocky Jokes 'It Was Hell' at Home After Teasing Rihanna's Music

A$AP Rocky joked that life at home was "hell" after revealing Rihanna was recording music, but declined to explain what consequences followed his August disclosure.

International Business Times UK

Cardi B Criticises Listeners for Expecting Her To Mention Nicki Minaj as a Female Rap Influence

Cardi B addresses criticism for omitting Nicki Minaj from her list of rap influences, explaining how childhood favourites shaped her musical identity.

International Business Times UK

'We're Disgusted': Ethan Klein Dropped by H3 Podcast After Hila Klein Reveals Cheating Allegations

The H3 Podcast crew says it will no longer work with Ethan Klein after Hila Klein alleged he had an affair lasting more than six months.

International Business Times UK

Pitbull Faces Fierce Backlash After His Cheeky Confession About Jennifer Lopez: “So Nasty And Cringe”

Pitbull has finally explained the viral 2011 photo of himself and Jennifer Lopez, but his cheeky confession has left some people wishing he had kept the story to himself.

Fourteen days free

Download the app

One app. One membership.
100+ trusted global sources.

Download on the AppStore

Get it on Google Play