Activision Blizzard (ATVI) Tops Q3 EPS by 6c
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Activision Blizzard Announces Agreement to Acquire King Digital Entertainment and Better-Than-Expected Third Quarter 2015 Financial Results
November 2, 2015 10:31 PM ESTCompany Increases CY 2015 Revenues and EPS Outlook
Company Delivered Record Quarterly Digital Revenues, Generating $697 Million in Non-GAAP Digital Revenues, Growing 38% Year-Over-Year
Announces Agreement to Acquire King Digital Entertainment for $5.9 Billion, Accretive to Estimated 2016 Non-GAAP EPS by ~30%1
SANTA MONICA, Calif.--(BUSINESS WIRE)-- Activision Blizzard, Inc. (Nasdaq: ATVI) today announced better-than-expected financial results for the third quarter of 2015 and an agreement to acquire King Digital Entertainment for $5.9 billion in equity value ($5.0 billion in enterprise value). The addition of Kings highly-complementary... More
Activision Blizzard to Acquire King Digital Entertainment for $5.9 Billion
November 2, 2015 10:29 PM ESTCombined Company to be Crowned a Leader in Interactive Entertainment
A New Global Leader In Mobile Gaming, the Largest and Fastest-Growing Segment Of Interactive Entertainment
Creates One of the Largest Entertainment Networks with Over Half a Billion Monthly Active Users in 196 Countries
Combined Portfolio to Encompass 10 of the Worlds Most Iconic Interactive Entertainment Franchises
Activision Blizzard Remains the Most Profitable, Successful Standalone Interactive Entertainment Company in the World
Combining TTM Non-GAAP Revenues of $4.7B... More

