activision blizzard News 3i5tn

It’s been a long uphill battle for Microsoft and Activision Blizzard, but both parties have finally inked their $69 billion merger after the UK Competition and Markets Authority officially gave its approval. To recap, the merger was first announced back in 2021, right around the same time that Activision Blizzard was facing massive backlash for alleged sexual harassment and discrimination [...]

It’s been a long and extremely winding road for Microsoft and Activision Blizzard with roadblocks at every turn, but it looks like both parties are finally on the verge of inking their $69 billion merger. Sources within the company report that Microsoft is looking to close the deal on Friday, October 13th. A bit ominous if you ask me, but [...]

The UK Competition and Markets Authority’s long-running investigation into the Microsoft-ABK merger looks like it will soon be coming to an end in favor of Microsoft. After much ado, the regulatory agency has given its preliminary approval for the $69 billion deal after Microsoft agreed to restructure the deal to give Ubisoft perpetual cloud streaming rights to all existing Activision [...]

The UK Competition and Markets Authority is giving Microsoft another chance to convince them to approve its acquisition of Activision Blizzard. Readers will that the CMA had already blocked the merger back in April but reopened negotiations after Microsoft agreed to additional provisions. More recently, the CMA asked interested parties to weigh in on the matter, asking for comments [...]

Microsoft and Activision Blizzard have picked up another win against those looking to block the controversial $69 billion merger as both parties prepare to finalize the deal. Earlier this week, the U.S. Supreme Court denied the request of a private gamer group for a preliminary injunction to prevent the deal from being finalized while they’re waiting for the lawsuit to [...]

Microsoft and Activision Blizzard have filed a motion urging the US Federal Trade Commission (FTC) to withdraw its August hearing on the $69B merger. The motion cites recent court losses for the FTC as an indication that further challenges may be futile. Despite substantial evidence presented by the FTC, the attorneys argue that continuing the case would be unproductive. “In [...]

Last month, the US Federal Trade Commission filed a lawsuit with the District Court of Northern California along with a motion for a temporary restraining order and a preliminary injunction to prevent Microsoft and Activision Blizzard from consummating the merger while they’re still investigating the deal for alleged antitrust violations. While presiding judge Jacqueline Scott Corley granted the TRO, she [...]

The legal battle between the US Federal Trade Commission and Microsoft heats up as court proceedings for the preliminary injunction on the Microsoft-Activision Blizzard merger began yesterday. The injunction request was filed last week by the FTC to ensure that the controversial $69 billion deal doesn’t push through while they’re still looking into possible antitrust violations. During the first day [...]

Earlier this week, the US Federal Trade Commission filed a motion with the US District Court for a temporary restraining order and an injunction to prevent Microsoft and Activision Blizzard from sealing their deal while the agency is still conducting its investigation over antitrust concerns. The US District Court of Northern California promptly granted the temporary restraining order and will [...]