Microsoft's Activision Acquisition Approval May Hit Major Milestone Soon

  • 📰 ComicBook
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 68%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

Microsoft's Activision acquisition could get approved by the FTC next month.

Microsoft's Activision acquisition may be getting one step closer to reality very soon. Earlier this year, Microsoft made the bombshell announcement that it was planning to acquire Activision for nearly $70 billion. It was earth-shattering news in the gaming industry as it is the largest acquisition in the history of gaming and would give Microsoft ownership over Call of Duty, World of Warcraft, Overwatch, and so many other major franchises.

With that said, the acquisition is nearing a major milestone soon. According to a new report from Dealseaker , Microsoft has responded to the FTC's second request for documentation and information in the Activision deal. As pointed out by Real Mi Central, if the FTC does not request any additional information in the next 30 days, the deal will be automatically approved by the US government agency.

With that said, all of this is speculation and is just using the rules at hand to make a potential timeline. Microsoft and Activision have previously stated that they expect the deal to close by summer 2023 if everything goes right. It could happen far sooner than that if the FTC and others begin to give their approval.

0commentsWhat do you want to see Microsoft do with Activision if the deal goes through? Let me know in the comments or hit me up on Twitter @Cade_Onder.

 

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:

 /  🏆 65. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines