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EU clears Microsoft's $69-billion Activision Blizzard acquisition
Microsoft Corp.’s $69-billion (R1.3-trillion) takeover bid for games developer Activision Blizzard Inc. came back from the brink after the European Union gave its blessing for one of the biggest deals in history.
In a decision diametrically opposed to findings by British and US antitrust authorities, EU regulators said on Monday that the transaction could actually boost competition and make the fledgling cloud-gaming market better.
[Bloomberg]
Microsoft Corp.’s $69-billion (R1.3-trillion) takeover bid for games developer Activision Blizzard Inc. came back from the brink after the European Union gave its blessing for one of the biggest deals in history.
In a decision diametrically opposed to findings by British and US antitrust authorities, EU regulators said on Monday that the transaction could actually boost competition and make the fledgling cloud-gaming market better.
[Bloomberg]