Activision's (ATVI) King Acquisition Marks Major Shift - Baird
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Activision Blizzard (ATVI) Becomes a Leader in Mobile Gaming with King Digital Entertainment (KING) Acquisition; MKM Partners Reiterates Buy
November 3, 2015 3:31 PM ESTMKM Partners reiterated a Buy rating and $38.00 price target on Activision Blizzard (NASDAQ: ATVI), following the company's announced acquisition of, mobile gaming company, King Digital Entertainment (NYSE: KING). With three new titles slated for release in 2016, including Kings's first midcore game,... More
Activision (ATVI) Lands 'Sweet' Deal with Kind Purchase; MKM Affirms at 'Buy'
November 3, 2015 3:26 PM ESTMKM is positive on Activision (Nasdaq: ATVI) following news that the company will acquire King Digital.
Analyst Eric Handler noted, The $5.9bn acquisition of King Digital: (1) transforms Activision into a leader in the mobile gaming industry; (2) is significantly accretive; (3) is attractively valued; and (4) is being financed... More
Activision Blizzard (ATVI) Surprises Macquarie With KING Acquisition; Macquarie Reiterates Outperform
November 3, 2015 1:46 PM ESTMacquarie reiterated an Outperform rating on Activision Blizzard (NASDAQ: ATVI), and raised the price target to $36.00 (from $28.00), following the announced acquisition of King Digital Entertainment (NYSE: KING) and 3Q earnings results. Overall, 3Q numbers and commentary were mostly... More
Activision Blizzard (ATVI) Moves to Highs Following King Deal
November 3, 2015 12:37 PM ESTActivision Blizzard (NASDAQ: ATVI) is pushing to the highs of the day as investors appear pleased with the King Digital Entertainment (NYSE: KING) takeover, despite initial skepticism. Shares are up 7.7% to $37.22.
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