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If Activision-Blizzard were to pursue a strategic alliance with King Entertainment, would you recommend: A Nonequity Alliance? An Equity Alliance? A Joint Venture? In three

If Activision-Blizzard were to pursue a strategic alliance with King Entertainment, would you recommend:

A Nonequity Alliance?
An Equity Alliance?
A Joint Venture?

In three sentences or less explain your choice.

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