Bobby Kotick, CEO of Activision Blizzard (ATVI), said in the company’s’ earnings report: "We remain confident that our deal with Microsoft benefits competition, consumers, and job creation in markets around the world, especially in the UK. The CMA’s report today does not reflect these realities, and we will work aggressively with Microsoft (MSFT) to reverse it on appeal."
Meet Your ETF AI Analyst
- Discover how TipRanks' ETF AI Analyst can help you make smarter investment decisions
- Explore ETFs TipRanks' users love and see what insights the ETF AI Analyst reveals about the ones you follow.
Published first on TheFly
See today’s best-performing stocks on TipRanks >>
Read More on ATVI:
- Activision’s CEO Terms U.K. Regulator’s Decision as ‘Flawed’
- Blocked Activision Deal Hits VMware Stock
- Activision Blizzard price target raised to $84 from $81 at Truist
- Oppenheimer sees Activision standalone value in mid-$80s per share
- Activision Plunges after UK Regulator Blocks Merger with Microsoft
