Most know by now that Activision and Blizzard have merged into the same company. However, the formation is not fully sealed yet. It will be soon, it's set for July 8.
After this formation is done, Activision Blizzard will become the world's most profitable interactive entertainment company. At least if you are to believe two analysts, Colin Sebastian and Lazard Capital.
In a note received by GamesIndustry.biz today Sebastian is raising the company's target price from USD 33 to USD 40 per share, with estimated earnings per share of USD 1.45-1.60 through fiscal 2009.
What's your take on "Activision Blizzard"? It's good news in my opinion, since Blizzard Entertainment will be left as it is and continue at their own pace -- in the end I think it will simply strengthen both companies, since they can cooperate and help each other with different kind of resources and knowledge.
Read more over at Gamesindustry.biz.