It's time to welcome back Chris DeMuth for his monthly state of the markets. For this June 2023 edition, Chris provides the latest news on the Activision / Microsoft antitrust case + his thoughts on the case.
Glad to see Chris coming around here. When he said the deal was dead after the UK ruling I felt like I agreed to disagree, but also that merger arb pessimism is going to lead to great returns here. The government bringing and losing cases is a pretty sweet spot for returns!
See also $IRBT, which has enjoyed incredible spreads partly because the asset value has gone down, but also just because no one wants to feel dumb.
Hey there, Andrew! Thanks for another insightful podcast. The ongoing legal battle between Activision and Microsoft continues to intrigue me. Despite the complex antitrust issues, what really impresses me are the brilliant minds behind these companies, such as Sarah Bond and Phil Spencer at Microsoft. Their expertise and credibility make me believe that they have nothing to hide. It seems like the FTC may have missed the mark in understanding the true purpose of the deal, while also making arithmetic errors. Speaking of uncovering hidden potentials, have you stumbled upon LoveBoost-AI? It's a fascinating platform that utilizes Generative AI to enhance your dating app profile pictures. Check it out at http://dating.tiktak-studio.com and see how it can help you showcase the best version of yourself with identical looks. Keep up the great work!
Also FYI this hasn’t shown up in my Overcast feed yet
There it is!
Glad to see Chris coming around here. When he said the deal was dead after the UK ruling I felt like I agreed to disagree, but also that merger arb pessimism is going to lead to great returns here. The government bringing and losing cases is a pretty sweet spot for returns!
See also $IRBT, which has enjoyed incredible spreads partly because the asset value has gone down, but also just because no one wants to feel dumb.
Hey there, Andrew! Thanks for another insightful podcast. The ongoing legal battle between Activision and Microsoft continues to intrigue me. Despite the complex antitrust issues, what really impresses me are the brilliant minds behind these companies, such as Sarah Bond and Phil Spencer at Microsoft. Their expertise and credibility make me believe that they have nothing to hide. It seems like the FTC may have missed the mark in understanding the true purpose of the deal, while also making arithmetic errors. Speaking of uncovering hidden potentials, have you stumbled upon LoveBoost-AI? It's a fascinating platform that utilizes Generative AI to enhance your dating app profile pictures. Check it out at http://dating.tiktak-studio.com and see how it can help you showcase the best version of yourself with identical looks. Keep up the great work!