Activision Stock Jumps As Warren Buffett Reveals $5.6 Billion Stake Ahead of Microsoft Takeover

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The Street

By Martin Baccardax “If the deal goes through we make some money, and if it doesn’t go through who knows,” Buffett told Berkshire Hathaway investors on Saturday. Activision Blizzard (ATVI) – Get Activision Blizzard, Inc. Report shares moved higher Monday after Warren Buffett’ told investors that his Berkshire Hathaway investors group has built a 9.5% stake in the video-game maker ahead of its planned $69 billion takeover by Microsoft (MSFT) – Get Microsoft Corporation Report. Buffett’s increased stake, now worth around $5.6 billion, suggests he thinks the deal will receive regulatory and antit…

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