Microsoft Warns That Pausing Activision Merger Will Sink Deal

  • 📰 THR
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

France Nouvelles Nouvelles

France Dernières Nouvelles,France Actualités

A five-day hearing kicked off on Thursday in a case in which the Federal Trade Commission is arguing that Microsoft's $69 billion purchase will harm gamers. The agency is looking to halt the agreement.

should be temporarily blocked with a warning: If a federal judge grants the injunction that the Federal Trade Commission is seeking, the deal won’t go through.

“If we can’t close by July 18, and the court enjoins the transaction,” Microsoft’s lead attorney Beth Wilkinson said, “nobody can withstand that and we certainly can’t.” She stressed that siding with the FTC in the case will drag the company into a “three year administrative nightmare” that will doom the deal.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 411. in FR

France Dernières Nouvelles, France Actualités