Microsoft’s Activision Merger Is History’s Biggest Tech Deal. The Stocks to Play It.
Microsoft’s Activision Merger Is History’s Biggest Tech Deal. The Stocks to Play It.

By Eric J. Savitz

It was a wild week in tech, with Netflixmissing earnings, Peloton Interactiveteetering, and the Nasdaq Composite entering correction territory. But those events overshadowed the week’s most important tech news: Microsoft’s Tuesday announcement that it had agreed to buy Activision Blizzard in an all-cash deal valued at nearly $69 billion. It would supplant Dell’s $67 billion acquisition of EMC in 2016 as the biggest technology deal in history. If it happens.

The transaction, which has widespread ramifications for the videogame…

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