Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rules

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A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard.

An archaeologist says new discoveries including gold ornaments and fine pottery at an ancient port city in Cyprus dating back more than 3,000 years indicate that the settlement was one of the Mediterranean’s most important trading posts in the late Bronze Age.The U.S. has imposed sanctions on the pro-Russian head of Serbian intelligence. The Treasury Department says Aleksander Vulin is accused of involvement in illegal arms shipments, drug trafficking and misuse of public office.

“Our merger will benefit consumers and workers. It will enable competition rather than allow entrenched market leaders to continue to dominate our rapidly growing industry,” Kotick said in a written statement after Tuesday’s ruling. Both companies suggested that such a delay would effectively force them to abandon the takeover agreement they signed nearly 18 months ago. Microsoft has promised to pay Activision a $3 billion breakup fee if the deal doesn’t close by July 18.

in 2021 because of her tough stance on what she sees as monopolistic behavior by tech giants such as Amazon, Google and Facebook parent Meta.virtual reality fitness company Within Unlimited.

 

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Microsoft beats FTC in Activision Blizzard acquisition ruling | Digital TrendsMicrosoft has won its war with the FTC, paving the way for the company to close its troubled ActivisionBlizzard acquisition.
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