January 19, 2022

By Nigam Arora & Dr. Natasha Arora

Congratulations! ATVI has become the 171st Arora Portfolio company to receive a buyout offer.

ATVI has received a buyout offer from MSFT.  Here are the key points:

• ATVI was recently purchased at an average price of $58.33.
• The offer is from Microsoft.
• The offer is $95 cash.
• At the offer price, there is a gain of 62% in a short time.
• The stock is trading lower  for three reasons
  • There are antitrust concerns as after the close of the deal, MSFT will become the third-largest video gaming company after SONY and TCEHY.