TTWO
Board Highlights
Message List Post Message Reply to
this Message

MSG # GO



Rap Sheet

Author:

Jester Debunker

Subject:

Off Topic

Date:

11/03/15 at 9:07 AM CST

 

 

READ: 3

RPLY: 0

0

0

RECS:0

Sentiment:

Neutral

Reply to:

MSG`#3073,`11/03/15
By LongTerm CapGains

 

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.

Copyright 2014 All Rights Reserved; Patent Pending