M&A Accretion/Dilution Analysis

Analyze the accretion/dilution impact of e.g., Microsoft acquiring e.g., Activision Blizzard. Deal size: e.g., $69B all-cash Strategic rationale: e.g., Expand gaming portfolio, mobile gaming growth Please provide: 1. Standalone EPS for both acquirer and target 2. Pro-forma combined EPS under different financing structures (all-cash, all-stock, mixed) 3. Accretion/dilution analysis at various exchange ratios 4. Revenue and cost synergy assumptions and their impact 5. Goodwill and intangible asset creation 6. Break-even synergy analysis 7. Recommendation on optimal deal structure