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Benzinga
Benzinga
Business
Randy Elias

Why Activision Blizzard Shares Are Rising Today

Activision Blizzard Activision Nasdaq

Activision Blizzard, Inc. (NASDAQ:ATVI) shares are trading higher after the company announced it will be acquired by Microsoft Corporation (NASDAQ:MSFT).

Microsoft will acquire Activision Blizzard for $95.00 per share, in an all-cash transaction valued at $68.7 billion.

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