Sony Shares Tumble 12% Amid News of Microsoft’s Activision Blizzard Deal

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Sony shares (NYSE: SONY) plummeted over 12% in Tokyo on Wednesday following Microsoft’s announcement that it is set to acquire Activision in a landmark USD69 Billion deal. The move will make Microsoft the third-largest gaming company according to revenue, after Tencent and Sony. [stock_market_widget type=”inline-label” template=”basic9″ color=”orange” assets=”SONY” api=”yf”] [stock_market_widget type=”chart” template=”basic” color=”orange” assets=”SONY” range=”1mo” …

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