Sony Group Corp. shares fell as much as 10% on Wednesday morning following news that Microsoft Corp. agreed to buy videogame heavyweight Activision Blizzard Inc. in an all-cash deal valued at about $75 billion. Read More...
Morningstar Research
Analyst Report: Activision Blizzard, Inc.
Activision Blizzard was formed in 2008 by the merger of Activision, one of the largest console video game publishers, and Blizzard, one of largest PC video game publishers. The combined firm remains one of the world’s largest video game publishers. Activision’s impressive franchise portfolio includes World of Warcraft, which boasts more than $8 billion of lifetime sales, and Call of Duty, which has sold over 175 million copies across 14 titles over 12 years.
