Activision acquisition would be good for Microsoft and the overall stock market

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Completing the deal will send a message that the Biden administration is not closed off to all M&A.

Microsoft 's nearly $69 billion cash offer to buy video game giant Activision Blizzard has been under tremendous scrutiny since it was first announced back in January. But at least one Wall Street research firm says it's highly likely that the deal will be completed in the near future. We tend to agree.

" That integration across distinct business lines argument may be a point of focus in regards to the Microsoft offer as video gaming becomes more cloud-based and Microsoft is a cloud industry leader. Microsoft competitor Sony, which makes the Xbox competitor PlayStation, has challenged the deal, contending that Activision's wildly popular "Call of Duty" game alone is a reason to block.

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