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Microsoft's Activision takeover all but a sealed deal
A US appeals court denied a Federal Trade Commission bid to pause Microsoft Corp.’s acquisition of Activision Blizzard Inc. Friday, clearing a path for the companies to close the largest gaming deal ever in the US.
The 9th Circuit US Court of Appeals ruling means that only UK regulators stand between the companies closing the deal before an 18 July deadline.
[Bloomberg]
A US appeals court denied a Federal Trade Commission bid to pause Microsoft Corp.’s acquisition of Activision Blizzard Inc. Friday, clearing a path for the companies to close the largest gaming deal ever in the US.
The 9th Circuit US Court of Appeals ruling means that only UK regulators stand between the companies closing the deal before an 18 July deadline.
[Bloomberg]