![]() ![]() It took quite a bit for Microsoft to make it through the regulatory battles. Successful Microsoft Deal Could Pave the Way for Gaming Acquisition Rush Indeed, another 2-3% or so doesn't seem worth pursuing, given the regulatory unknowns that still may lie ahead! I believe this is another smart move by Buffett and another mark for the win column over at Berkshire Hathaway ( NYSE:BRK.B). ![]() Still, most of the merger-arbitrage gains have been made, and that's been enough for Warren Buffett’s firm to sell 70% of its stake in ATVI. ![]() Undoubtedly, the deal isn't a certainty, as the deadline to close has been moved to October 18. Indeed, it's been a lengthy regulatory battle for Microsoft but one that could end in its favor following the latest judge ruling that denied the FTC's move to halt the Microsoft-Activision tie-up. At $92 and change, Activision Blizzard stock only has around 3% to go before it hits the acquisition price of $95 per share. ![]()
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