acquisition

A leaked document accidentally revealed the revenue generated by the Call of Duty franchise on Sony Group Corp.'s (NYSE: SONY) PlayStation platforms. The document was initially submitted as evidence in the ongoing legal proceedings between the Federal Trade Commission (FTC) and...

Bobby Kotick, Activision Blizzard Inc's (NASDAQ: ATVI) CEO, said that the company would probably walk away from the $68.7 billion takeover bid by Microsoft Corp. (NASDAQ: MSFT) if the U.S. Federal Trade Commission (FTC) succeeds in obtaining a ruling that would pause the deal. According to...

Newly revealed evidence in the ongoing legal battle between the Federal Trade Commission (FTC) and Microsoft Corp.'s (NASDAQ: MSFT) acquisition of Activision Blizzard Inc (NASDAQ: ATVI) shed some light on the tech giant's strategy. Internal documents revealed Xbox's...

Microsoft Corporation (NASDAQ: MSFT)'s commitment to keeping "Call of Duty" available on PlayStation consoles, even after its potential acquisition of Activision Blizzard Inc (NASDAQ: ATVI), was reaffirmed by Xbox boss Phil Spencer during the ongoing Federal Trade Commission (FTC)...

International Business Machines Co. (NYSE: IBM) is nearing a deal for the acquisition of Apptio Inc., a cloud-based business software company, for about $5 billion, the Wall Street Journal reported.  According to the report, the deal between the companies could be completed over...

In a court document submitted during the Federal Trade Commission's (FTC) hearing regarding Microsoft Corp.'s (NASDAQ: MSFT) $68.7 billion acquisition of Activision Blizzard Inc (NASDAQ: ATVI), the Xbox manufacturer admitted that it has lost the video game wars against rivals Sony Group...

Visa Inc. (NYSE: V) is reportedly getting close to making a deal to acquire a Brazilian cloud-based platform provider for banking services and payments, Pismo. The company, which is in advanced discussions, can announce the deal this month, per Bloomberg. A final agreement has not been reached yet...

Xbox head Phil Spencer said Microsoft Corp (NASDAQ: MSFT) had an unwavering commitment to the anticipated acquisition of Activision Blizzard Inc (NASDAQ: ATVI) and having confidence in its completion. According to PC Gamer, Spencer addressed the topic during an Xbox event...

In a move aimed at impeding Microsoft Corp.'s (NASDAQ: MSFT) acquisition of Activision Blizzard Inc., (NASDAQ: ATVI) the Federal Trade Commission (FTC) plans to file a lawsuit in federal court on Monday. This news, which was first reported by Bloomberg, presents a challenge for Microsoft, as...

New York Community Bancorp, Inc. (NYSE: NYCB) strategic acquisitions, solid loan and deposit balances, manageable debt level, and robust liquidity are likely to keep supporting financials. Yet, increasing expenses, deteriorating asset quality and geographic concentration are headwinds. New...

Strauss Zelnick, CEO of Take-Two Interactive Software Inc. (NASDAQ: TTWO) is sharing his views on the potential impact of Microsoft Corporation's (NASDAQ: MSFT) proposed acquisition of Activision Blizzard Inc. (NASDAQ: ATVI). In an interview with IGN, Zelnick said that the deal would...

Weight management meals and services provider WW International Inc. (NYSE: WW) stock made a 52-week high of $10.02 after its Q1 2023 earnings release. Shares collapsed (26%) as Artal Group S.A. sold its remaining 14.8 million share stake. Despite the stock sell-off, the Weight Watchers turnaround...

The U.K. Competition & Markets Authority (CMA) issued a strong response to the European Commission's approval of the $68.7 billion proposed merger between Microsoft Corp. (NASDAQ: MSFT) and Activision Blizzard Inc. (NASDAQ: ATVI). In a statement released on Twitter, the CMA...

On Tuesday, Electronic Arts Inc. (NASDAQ: EA) held its Q4 and FY 2023 earnings call, where the company made some significant announcements regarding its upcoming release schedule. EA confirmed the release window for several upcoming titles: "Immortals of Aveum," "Madden 24," and...

Tilray Brands Inc. (NASDAQ: TLRY) is expected to announce plans to acquire Canadian cannabis producer rival HEXO Corp (NASDAQ: HEXO) in a deal worth about $250 million on Monday after reporting its latest quarterly results. HEXO confirmed that it has entered into...