Microsoft's bid to acquire the "Call of Duty" videogame maker in a $69 billion dealShares in Microsoft rose 0.8% Monday, while Activision fell 0.5%.
"We welcome the opportunity to present our case in federal court," said Microsoft president Brad Smith in a statement. Activision did not comment. The case reflects the muscular approach to antitrust enforcement taken by the administration of U.S. President Joe Biden.
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FTC set to file injunction to block Microsoft acquisition of Activision Blizzard: reportMicrosoft Corp. appears to have another headwind in its $69 billion acquisition of videogame publisher Activision Blizzard Inc. in the form of an injunction...
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FTC will try to block Microsoft's acquisition of Activision BlizzardThe FTC had already sued to block the $68.7 billion acquisition, choosing to bring the case before its internal administrative law judge.
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US FTC seeks to block Microsoft's acquisition of Activision -sourceThe U.S. Federal Trade Commission will file an injunction blocking Microsoft Corp's acquisition of Activision Blizzard , a source familiar with a planned court filing said on Monday.
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