In a surprising move, Berkshire Hathaway, led by Warren Buffett, divested its positions in General Motors (GM) and Activision Blizzard in the third quarter, as revealed in a regulatory filing. General Motors: Berkshire Hathaway sold a staggering 22 million shares in GM during the quarter. This comes as a significant shift since the conglomerate had been holding shares in GM … [Read more...] about Berkshire Hathaway’s Selling Spree: Exiting General Motors and Activision Blizzard
Activision Blizzard
Federal Trade Commission Appeals Microsoft’s Acquisition of Activision Blizzard
The Federal Trade Commission (FTC) has filed a notice to appeal the court ruling permitting Microsoft's acquisition of Activision Blizzard. However, with time running out, it seems unlikely that the regulator will be able to halt the deal. The FTC submitted the filing late on Wednesday following a judge's decision earlier in the week that determined the merger would not … [Read more...] about Federal Trade Commission Appeals Microsoft’s Acquisition of Activision Blizzard
