According to a 13F filing, Berkshire Hathaway bought approximately 14.66 million Activision Blizzard shares valued at around $975 million as of the end of 2021.
Microsoft was co-founded by Buffett's long-time friend Bill Gates, who stepped down from the boards of the tech giant and Berkshire in 2020."When Microsoft files its proxy material on its proposed purchase of Activision, I would be surprised if they had even discussed a proposal with Activision early in October, although I do not know," Buffett added.
The Journal initially reported that Berkshire paid an average of $66.53 per share for its Activision stake, but later corrected it after being contacted by the company.
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