Here's What Microsoft's Activision Blizzard Purchase Could Mean for Electronic Arts
Last month, tech giant Microsoft (NASDAQ: MSFT) announced that it's planning to buy one of the world's largest video game publishers, Activision Blizzard (NASDAQ: ATVI), for roughly $69 billion. Though the deal still requires regulatory approval before closing, the purchase would go down as by far the largest video game acquisition of all time.
The news also had ripple effects throughout the gaming industry as several other companies -- including Electronic Arts (NASDAQ: EA), Take-Two Interactive, and Nintendo -- all saw their stocks rise following the announcement. Here's why this is such a big deal for the gaming industry and Electronic Arts in particular.
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Source Fool.com
