Take-Two Interactive Software (NASDAQ: TTWO), which already has a pending merger with Zynga (NASDAQ: ZNGA) in process, was up almost 3%. Moreover, the size of the deal suggests that companies with a ton of cash on their balance sheets might finally be looking for ways to put that money to use in an increasingly inflationary environment. The gains came amid news that Microsoft (NASDAQ: MSFT) had offered to acquire the video game giant in a deal valuing Activision at a whopping $68.7 billion.