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

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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 ...

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