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Benzinga
Benzinga
Technology
Rachit Vats

Warren Buffett Responds To Speculations Surrounding Berkshire's $1B Stake In Activision And Microsoft Deal

Microsoft Berkshire Warren Buffett Activision NYSE Activision Blizzard Berkshire Hathaway Berkshire Hathaway Inc

Berkshire Hathaway Inc (NYSE: BRK-A) (NYSE: BRK-B) chairman and CEO Warren Buffett on Thursday adamantly denied that he or his colleagues at the investment firm had advanced knowledge of Microsoft Corp’s (NASDAQ:MSFT) plan to buy Activision Blizzard Inc (NASDAQ:ATVI).

What Happened: The veteran value investor told the New York Post that he wanted to clear up “misinformation” about the $1 billion transaction, in which his investment firm bought shares in Activision Blizzard in the fourth quarter of 2022.

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