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Re: Activision buying King
Digital
Call of Duty Saga? LOL, who knows. The important point to me is
it's an acquisition with cash (debt) not shares. Clearly Kotick is
all about delivering the earnings per share. Long term, that unit
may never make back $6BN. Short term, it's a huge boost to eps for
at least a few years, and ATVI can steadily pay down the debt just
like they did with previous big deals.
It's important to remember there's an investor day this Friday
too. You know there will be nothing but good things coming from
analysts after that.
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