- Activision Blizzard (NASDAQ:ATVI) is down 10.1% today following yesterday's earnings miss and a laundry list of price-target cuts from analysts.
- The company hit another milestone in its $5.9B deal to acquire King Digital (KING +0.1%), though, as the European Commission has given clearance.
- Activision had gotten a required OK from South Korea on Monday.
- The key remaining hurdle is the sanction of its scheme of arrangement by the High Court of Ireland, where King is domiciled.
- Previously: Analysts lower Activision price-target after earnings miss (Feb. 12 2016)
- Previously: Activision Blizzard tanks 16% as earnings, outlook disappoint (Feb. 11 2016)
- Previously: Activision clears King-buyout hurdle as South Korea gives OK (Feb. 08 2016)