ATVI Activision Blizzard arbitrage opportunity

Updated
Microsoft had agreed to acquire Activision Blizzard ATVI in a cash deal valued at $68.7 billion, equal to $95 per share.

Activision Blizzard owns some of the most popular gaming franchises globally: World of Warcraft, Call of Duty, and Candy Crush.

So there is a 17% upside arbitrage here, if the deal does close.
Trade active
Microsoft Can Close Its $75 Billion Buy of Activision Blizzard, Judge Rules!
Trade closed: target reached
U.K. regulator signals approval for Microsoft to buy Activision Blizzard!
activisionactivision_blizzardactivisionblizzardATVIatvibuysignalatvilongcallofdutyFundamental AnalysisTechnical IndicatorsmicrosoftMicrosoft (MSFT)Trend Analysis

Also on:

Disclaimer