FTC set to file injunction to block Microsoft acquisition of Activision Blizzard: report

  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Microsoft Corp. appears to have another headwind in its $69 billion acquisition of videogame publisher Activision Blizzard Inc. in the form of an injunction...

Microsoft Corp. MSFT appears to have another headwind in its $69 billion acquisition of videogame publisher Activision Blizzard Inc. ATVI in the form of an injunction from the Federal Trade Commission, according to a report Monday. In a CNBC report, the FTC is set to file an injunction to block the deal, according to a source close to the matter. Microsoft shares were up 0.3%, and Activision’s were flat in recent activity.

... Microsoft Corp. MSFT appears to have another headwind in its $69 billion acquisition of videogame publisher Activision Blizzard Inc. ATVI in the form of an injunction from the Federal Trade Commission, according to a report Monday. In a CNBC report, the FTC is set to file an injunction to block the deal, according to a source close to the matter. Microsoft shares were up 0.3%, and Activision’s were flat in recent activity.

 

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

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines