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03.08 - 11:13
Berkshire Hathaway slashes Activision stake by 70% as Microsoft deal edges closer
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fnlondon.comBerkshire Hathaway has reduced its stake in Activision Blizzard by 70% as Microsoft seems poised to buy the maker of videogames.
In a filing late 17 July, Berkshire Hathaway reduced its investment in Activision Blizzard to 14.7 million shares, according to a form it filed with the Securities and Exchange Commission. Berkshire Hathaway had held 49.4 million shares on 31 March, the most recently reported date.
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