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Disney Investor Thinks Company Should Buy Game-Maker Activision
- Gerber Kawasaki sees benefit for Disney in new esports field
- Video games have proven to be trouble for Disney in the past
Attendees play Activision Blizzard Inc.'s Overwatch computer game at the AOC Open e-Sports event in Tokyo.
Photographer: Akio Kon/BloombergThis article is for subscribers only.
Activision Blizzard Inc.’s declining share price over the past several months has some speculating the video-game company could be a takeover target.
Gerber Kawasaki Inc.’s Nick Licouris thinks Walt Disney Co. should be the buyer. The Santa Monica, California-based investor sees potential benefits between Activision’s growing esports business and Disney’s TV networks. He also sees an opportunity for Disney to leverage its film and TV characters.