Berkshire Hathaway ( ) CEO Warren Buffett revealed the conglomerate owns a 9.5% stake of Activision Blizzard ( ) from its initial stake of 2%, the gaming company, that is set to be acquired by Microsoft ( ). "If the deal goes through, we make some money," he said at the company's annual shareholder meeting. A majority of Activision Blizzard shareholders voted in April to give a thumbs up for the $69 billion all cash deal that was announced in January. Read More...
Berkshire Hathaway ( ) CEO Warren Buffett revealed the conglomerate owns a 9.5% stake of Activision Blizzard ( ) from its initial stake of 2%, the gaming company, that is set to be acquired by Microsoft ( ). “If the deal goes through, we make some money,” he said at the company’s annual shareholder meeting. A majority of Activision Blizzard shareholders voted in April to give a thumbs up for the $69 billion all cash deal that was announced in January.
