“Microsoft” Gets Green Light to Acquire “Activision”

  • International
  • 12 July 2023
1

“Microsoft” has received court approval to go ahead with its $69 billion deal to acquire “Activision Blizzard”, beating an attempt by the U.S. Federal Trade Commission to block the biggest gaming-ever deal.

Judge Jacqueline Scott Corley's decision in San Francisco means “Microsoft” can go ahead with its merger with “Activision” before the July 18 deadline everywhere except the United Kingdom, which objected to the deal in May.

Microsoft announced a deal to acquire “Activision” to add a division of mobile and mobile games, a sector where Microsoft does not exist, as “Activision” owns subsidiaries, including “King”, the producer of “Candy Crush games.”

Source (Alkhaleej Emirati Newspaper, Edited)

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