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Activision Blizzard Stock Gets Boosted by Business Magnate Warren Buffett’s Revelations

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During Berkshire Hathaway’s annual shareholder meeting in Omaha, Nebraska, Warren Buffett, the chairman and CEO, disclosed Berkshire (BRKa.N) has a 9.5% stake in Bobby Kotick’s Activision Blizzard (ATVI.O). According to Buffett, the holding company for various businesses, including Fruit of the Loom and Geico, acquired most of that stake following Microsoft’s public commitment to purchase […]

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