This post was originally published on this site
David Einhorn’s Greenlight Capital Inc. acquired big stakes in Activision Blizzard Inc. while the videogame publisher’s fate on being acquired by Microsoft Corp. was still very much up in the air, and First Horizon Corp. following the recent regional-bank crisis.
In a filing with the Securities and Exchange Commission on Monday, Greenlight reported it acquired a new 221,880-share stake of Activision Blizzard
ATVI,
in the second quarter, amid the videogame publisher’s pending acquisition by Microsoft Corp.
MSFT,
In July, Activision Blizzard extended the deadline to close the acquisition to Oct. 18, following regulatory opposition to the deal which the companies seek to work out, while one report said the Federal Trade Commission might be open to settlement talks over the deal.
Einhorn also acquired a new 1.3 million-share stake in First Horizon Corp.
FHN,
Back in May, Canadian owned Toronto-Dominion Bank
TD,
TD,
dropped plans to merge with First Horizon due to uncertainty about getting U.S. regulatory approval.
Greenlight also reported it shed its entire 600,000-share stake of Global Payments Inc.
GPN,
while acquiring a new 38,000-share stake in Advance Auto Parts Inc.
AAP,
