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Forbes
14 Jul 2023
The Federal Trade Commission lost its appeal challenging a ruling that gave Microsoft free range to finally acquire Activision Blizzard, the end of a lengthy regulatory battle that threatened to kill the proposed $69 billion acquisition.
Microsoft first announced its intent to acquire Activision Blizzard in January 2022. (Photo by Jaap ... [+]
The Ninth Circuit Court of Appeals denied the FTC’s appeal, meaning Microsoft can carry through with its acquisition in the coming days if it can solve its final dilemma with the U.K.’s Competition and Markets Authority.
This is a developing story. Check back for updates.