Microsoft can close its Activision merger, federal judge rules | CNN Business

A federal judge will not block Microsoft\n \n from closing its $69 billion deal to acquire video game giant Activision Blizzard, a defeat for US regulators who had asked for a temporary injunction while legal challenges to the merger unfold.

Corley outlined eight factors that bolstered Microsoft’s defense, including that Microsoft stands to make more money by making “Call of Duty” available on as many platforms as possible. “The FTC has not identified a single document which contradicts Microsoft’s publicly-stated commitment to make Call of Duty available on PlayStation ,” the opinion said, despite agency lawyers’ access to nearly one million company documents and 30 depositions.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rulesA federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard.
La source: AP - 🏆 728. / 51 Lire la suite »

Microsoft Can Close $69 Billion Activision Blizzard Merger, Judge RulesThe Federal Trade Commission sought to stop the massive merger, arguing it would stifle competition—but a judge sided with Microsoft and Activision Blizzard.
La source: Forbes - 🏆 394. / 53 Lire la suite »