Microsoft's bid to acquire the "Call of Duty" videogame maker in a $69 billion dealShares in Microsoft closed up 1.5% Monday, while Activision fell 0.8%.
Microsoft has said the deal would benefit gamers and gaming companies alike, offering to sign a legally binding consent decree with the FTC to provide "Call of Duty" games to rivals including Sony for a decade. When announcing the deal in January 2022, Microsoft said they expected it would close in their 2023 fiscal year, which ends in June.
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US FTC seeks court order to block Microsoft acquisition of Activision -sourceThe U.S. Federal Trade Commission will seek a court order to block Microsoft Corp's acquisition of Activision Blizzard , a source familiar with a planned court filing said on Monday.
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