Microsoft Can Close $69 Billion Activision Blizzard Merger, Judge Rules

A California judge ruled in favor of Microsoft’s $69 billion acquisition of video game giant Activision Blizzard on Tuesday, striking down an attempt by the Federal Trade Commission to block the massive merger and giving Microsoft the greenlight to close a deal designed to help it

compete with Nintendo and Sony.Getty Images for ActivisionFederal Judge Jacqueline Scott Corley denied the FTC’s request for a preliminary injunction blocking the merger after five days of testimony, after the FTCMicrosoft’s purchase of Activision Blizzard, the maker of gaming franchises

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Microsoft beats FTC in Activision Blizzard acquisition ruling | Digital TrendsMicrosoft has won its war with the FTC, paving the way for the company to close its troubled ActivisionBlizzard acquisition.
Source: DigitalTrends - 🏆 95. / 65 Read more »

Microsoft Wins FTC Brawl Over $69B Activision Blizzard Deal as Merger Nears CloseThe Federal Trade Commission can still appeal the order denying a preliminary injunction and continue a case before its in-house judge in a trial set to start Aug. 2.
Source: THR - 🏆 411. / 53 Read more »