Millions of Activision shares sold, takeover pessimism?

Millions of Activision shares sold, takeover pessimism?

Millions of Activision shares sold



The investment world also seems to harbor a feeling of mistrust of Microsoft's acquisition of Activision Blizzard. The deal, which is expected to close in 2023, appears to be seriously at risk at least in the UK, where the CMA has expressed several doubts. Doubts that have forced Microsoft and Sony to answer each other, often with very serious accusations. Now, from the world of finance, the sale of a purse of millions of shares of the US publisher and developer has emerged. , 7 million shares, earning approximately $ 267 million thanks to the price of $ 72.25 per share. Behind this mysterious sale is the investment bank Goldman Sachs, known for its ratings to nations and its role as an intermediary in the sale of football clubs (such as Inter Milan) and other assets. It is not really the identity of the seller that matters, but rather what it all means.

In an ideal world, the acquisition of Activision Blizzard could help various investors around the world to earn much more. Shares, in a market like this, should rise rather than fall. Behind this huge sale is the suspicion of a devaluation, with a deal that may not go through. Obviously it is still too early to say this, but it is clear that the more time passes, the more the shares could lose value.| ); }