Activision Blizzard, Inc. (ATVI) shares are gaining more than 7 percent on Friday morning trade after the British competition authority narrowed the scope of its probe into the proposed Microsoft-Activision deal.
The authority said it is no longer concerned that the proposed $75 billion deal could lessen competition in console gaming.
Currently, shares are at $85.45, up 7.24 percent from the previous close of $79.68 on a volume of 7,096,150.
For comments and feedback contact: editorial@rttnews.com
Looking to Invest in the Best Biotech Stocks? Subscribe to RTT Biotech Investor.
