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Activision shares leap on results news

Acitvision's shares are up 8.3 percent so far today after the company issued megaton financials for fiscal 2008.

The stock is currently trading at $29.99, a breakthrough after the announcement of Activision's Blizzard merger in December, since which the shares have been stuck in the $27-28 range.

The deal values the shares at $27.50.

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