Any reason why $ATVI isn’t a buy?
Trading roughly 20% below ($75.60 Fridays close) the announced purchase price of $95 a share from the $MSFT acquisition. Berkshire Hathaway $BRKA has taken a 9.5% stake in Activision Blizzard worth about $5.6 billion, up from their 2% stake in December.
Microsoft announced plans to acquire Activision Blizzard for $95.00 per share in an all-cash transaction on Jan. 18, 2022. Estimated close of the proposed transaction is expected in Microsoft’s fiscal year ending June 30,2023. Warren Buffett said Berkshire will file a report with regulators if the stake reaches 10%.
|Price To Sales (TTM):||6.69|
|EV To EBITDA (TTM):||17.44|
|Price to Book (TTM):||3.304|
|Operating Margin (TTM):||38%|
|Quarterly Earnings (YoY):||11%|
|Quarterly Revenue (YoY):||-10%|
|Ex-Div Date:||Apr 13, 2022|
|Payout Date:||May 6, 2022|
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