Warren Buffett’s Berkshire Hathaway completely timed an out-of-left-field funding
And if the deal is permitted, Berkshire might make much more than this. Microsoft’s provide for Activision Blizzard values the corporate at $95 a share in money.
It is also not clear if Buffett was the driving pressure behind the choice to put money into Activision Blizzard or if the decision was made by one of many funding lieutenants who handle Berkshire’s huge portfolio with Buffett: Ted Weschler and Todd Combs. Combs can be CEO of Berkshire-owned Geico.
Berkshire doesn’t have an funding in Microsoft, though Buffett is sweet buddies with Microsoft co-founder Invoice Gates.