FTC may pause opposition to Microsoft-Activision merger: report

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 97%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

The Federal Trade Commission is ready to pause its in-house trial against Microsoft Corp.’s $69 billion acquisition of Activision Blizzard Inc. opening the...

The Federal Trade Commission is ready to pause its in-house trial against Microsoft Corp.’s MSFT $69 billion acquisition of Activision Blizzard Inc. ATVI, opening the door to potential settlement talks, Bloomberg News reported Thursday. Such an outcome is considered a victory for Microsoft and Activision in their pursuit of the biggest gaming deal despite regulatory challenges in the U.S. and the U.K. Microsoft and the FTC were not immediately available for comment.

... The Federal Trade Commission is ready to pause its in-house trial against Microsoft Corp.’s MSFT $69 billion acquisition of Activision Blizzard Inc. ATVI , opening the door to potential settlement talks, Bloomberg News reported Thursday. Such an outcome is considered a victory for Microsoft and Activision in their pursuit of the biggest gaming deal despite regulatory challenges in the U.S. and the U.K. Microsoft and the FTC were not immediately available for comment.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

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 and Activision Blizzard Still Committed to $75 Billion Merger, Sources SayMicrosoft and Activision Blizzard plan to continue to work toward completing their $75 billion deal by sorting out lingering regulatory issues
Source: WSJ - 🏆 98. / 63 Read more »

Microsoft Extends $69B Activision Blizzard Merger Deal DeadlineIn return for a higher termination fee, Microsoft pushes the agreement deadline to Oct. 18 to potentially create one of the largest video game developers in the world.
Source: THR - 🏆 411. / 53 Read more »

Microsoft and Activision Blizzard Extend $75 Billion Merger DeadlineMicrosoft and Activision Blizzard agreed to extend the deadline for their $75 billion merger until mid-October, a step that will allow them to continue with efforts to gain regulatory approval in the U.K.
Source: WSJ - 🏆 98. / 63 Read more »

Activision extends Microsoft merger deadline, declares 99-cent dividendVideogame maker Activision Blizzard Inc. announced Wednesday an agreement with software giant Microsoft Corp. to extend the merger deadline by three months...
Source: MarketWatch - 🏆 3. / 97 Read more »