Activision Blizzard (ATVI) Announces Acquisition of King Digital; Cowen Reiterates Outperform

Activision Blizzard Announces Agreement to Acquire King Digital Entertainment and Better-Than-Expected Third Quarter 2015 Financial Results

Company 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

Combined 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

Call of Duty: Black Ops III Live-Action “Seize Glory” Trailer Champions Gamers

Director Wayne McClammy Helms Call of Duty Trailer Featuring Cara Delevingne, Michael B. Jordan and Marshawn Lynch

Call of Duty: Black Ops III Launches Worldwide November 6

SANTA MONICA, Calif.--(BUSINESS WIRE)-- Black Ops is back! With only a few days to go until what Nielsen dubbed the most anticipated multiplatform holiday game of the year releases worldwide, Call of Duty®: Black Ops IIIs live-action trailer has hit the airwaves. Activision Publishing, Inc., a wholly owned subsidiary of Activision Blizzard, Inc. (Nasdaq:... More