Microsoft and a UK regulator have been granted more time to resolve Activision merger issues | Engadget

Meanwhile, the FTC is still slated to hold its own evidentiary hearing over the acquisition starting on August 2nd. The agencyand it sought a preliminary injunction to prevent Microsoft and Activision Blizzard from closing the deal until it could bring the case to trial, but it was unsuccessful.

As such, Microsoft and Activision will surely be eager to seal things up by the beginning of August. There were suggestions that they'd try to close the merger by the initial deadline despite the CMA dispute and find a workaround to keep doing business in the UK, but with all parties willing to find an amicable resolution, that seems unlikely at this point.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

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

Call of Duty to remain on Playstation following Activision Blizzard Microsoft merger | CNN BusinessMicrosoft has signed an agreement with Sony to ensure “Call of Duty” remains available on PlayStation after Microsoft closes its $69 billion Activision Blizzard merger, the tech giant said Sunday.
Source: CNN - 🏆 4. / 95 Read more »