Buffett’s Berkshire reduces stake in Activision Blizzard

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NEW YORK/BANGALORE (Reuters) – Warren Buffett’s Berkshire Hathaway (NYSE:BRKa) Inc reduced its stake in Activision Blizzard (NASDAQ:ATVI) by 12.35% in the fourth quarter, to 52,717,075 shares, according to a regulatory filing on Tuesday.

After this move, Berkshire holds a 6.7% passive stake in the “Call of Duty” maker.