News Formal

Microsoft and Activision willing to dilute shares to push $69 bn merger through

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 11 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 8%
  • Publisher: 71%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

The deal had been vetoed in the UK in May but it has been cleared to proceed by a court in the US

Microsoft Corp. and Activision Blizzard are considering giving up some control of their cloud-gaming business in the UK as a way to appease regulators so they can complete their $69 billion merger by the July 18 deadline, according to people familiar with the matter.

That could involve selling off the cloud-based market rights for games in the UK to a telecommunications, gaming or internet-based computing company, said the people, who asked not to be identified ...

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:

 /  🏆 8. in İE
 

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

Ireland Ireland Latest News, Ireland Ireland Headlines

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

Sony shares shaky as US judge green lights Microsoft acquisition of Call of Duty makerPlayStation maker opposes the $69 billion deal, arguing that it would give Microsoft excessive market power
Source: businessposthq - 🏆 8. / 71 Read more »

Sony shares shaky as US judge green lights Microsoft acquisition of Call of Duty makerPlayStation maker opposes the $69 billion deal, arguing that it would give Microsoft excessive market power
Source: businessposthq - 🏆 8. / 71 Read more »