Microsoft's Activision Deal Is No Longer Just About Activision
Expansive reasoning of U.K. decision threatens to put other tech and game deals at risk
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Expansive reasoning of U.K. decision threatens to put other tech and game deals at risk
BMO Capital Markets lowered its rating of the videogame publisher to Market Perform from Outperform.
Activision released financial results a day early after its potential deal with Microsoft was blocked in the U.K. The numbers suggest the company has gained momentum independent of the sale.
Competition regulator says deal would hurt competition in videogaming industry, raising new bar amid FTC and EU scrutiny
Tech giants Microsoft and Alphabet report better-than-expected earnings, Activision slides after a U.K. regulator blocks Microsoft's acquisition of the videogame maker, and Enphase tumbles after issuing a weak revenue forecast.