Breaking: The U.K.'s antitrust watchdog rejected Microsoft's $75 billion deal to buy Activision Blizzard, raising a high hurdle in the company's bid for global approval
The U.K.’s antitrust watchdog rejected Microsoft Corp.’s $75 billion deal to buy game maker Activision Blizzard Inc., raising a high hurdle in the software giant’s attempt to win global approval of the deal.
The Competition and Markets Authority’s ruling, issued Wednesday, said Microsoft had failed to convince it that undertakings it had proposed since announcing the deal would sufficiently ease the regulator’s competition worries. The CMA has said the deal poses a competition threat to the U.K.’s gaming industry and has been reviewing it for months.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
'Magic: The Gathering' card game can boost Hasbro by 45%, Jefferies saysThe firm reiterated a buy rating on the stock with a $75 price target on Monday.
Consulte Mais informação »
Xbox Content and Services Revenue Increases as Hardware FallsMicrosoft says it still expects the close the Activision Blizzard acquisition in fiscal year 2023.
Consulte Mais informação »
Mayor Lightfoot cuts ribbon for The Orange Line, new restaurant at Midway AirportThe Orange Line restaurant is part of a $75 million investment to renovate and expand concessions at Midway.
Consulte Mais informação »
China court documents incorrectly showed Activision was being sued by former partner NetEase | EngadgetBlizzard Entertainment is being sued by former Chinese publishing partner NetEase after servers shutdown in January when the two failed to reach a continuation agreement.
Consulte Mais informação »
Microsoft preparing to close Activision deal despite FTC suit: sourcesMicrosoft is making plans to complete its $69 billion acquisition of Activision Blizzard — despite the Federal Trade Commission’s December move to block the deal over antitrust concerns, The …
Consulte Mais informação »
Blizzard sued by former Chinese partner after messy breakup | EngadgetBlizzard Entertainment is being sued by former Chinese publishing partner NetEase after servers shutdown in January when the two failed to reach a continuation agreement.
Consulte Mais informação »