Well, Activision certainly has money. Substantially less after this deal is over.
Technically they still have the same amount provided King's value doesn't fall through the floor, it's just a transfer of liquidity to assets.
Not exactly. When Microsoft bought Minecraft, $1.8b of the total $2.5b was 'goodwill'. That's not an asset! King's own accounting valued their assets at $1.2b as of 2Q this year, so Activision can't claim they're now worth 5x that.
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