Microsoft's Activision acquisition moves ahead as judge rejects FTC injunction request
. If Microsoft and Activision Blizzard can't seal the deal by their deadline, Microsoft will be on the hook for a $3 billion breakup fee unless the two sides renegotiate terms or extend their agreement. As such, they wanted the court to review the FTC's injunction request swiftly.
Reports suggested that, despite the CMA blocking the acquisition, the companies would try to close it anyway and figure out a workaround to continue doing business in the UK. That prompted the FTC to request an injunction in the hopes of being able to"assess the legality of the proposed acquisition" in the August hearing before the deal closes.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Microsoft-Activision deal moves closer as judge denies FTC injunction requestA federal judge in San Francisco denies the Federal Trade Commission’s motion for a preliminary injunction to stop Microsoft from completing acquisition of video game publisher Activision Blizzard.
Consulte Mais informação »
Judge rejects FTC’s attempt to block Microsoft’s $69 billion Activision dealA federal judge on Tuesday allowed Microsoft to move forward with its $69 billion acquisition of video game maker Activision, in a resounding blow to U.S. regulators’ efforts to block consolidation in the tech industry.
Consulte Mais informação »
Microsoft’s $69B deal to buy Activision gets green light after judge denies FTC injunctionThe FTC’s concern was that the deal would potentially preclude the availability of those videogames on other platforms.
Consulte Mais informação »
Microsoft wins FTC fight to buy Activision BlizzardMicrosoft can now go ahead and close its giant deal.
Consulte Mais informação »
Microsoft beats FTC in Activision Blizzard acquisition ruling | Digital TrendsMicrosoft has won its war with the FTC, paving the way for the company to close its troubled ActivisionBlizzard acquisition.
Consulte Mais informação »
Microsoft Wins FTC Brawl Over $69B Activision Blizzard Deal as Merger Nears CloseThe Federal Trade Commission can still appeal the order denying a preliminary injunction and continue a case before its in-house judge in a trial set to start Aug. 2.
Consulte Mais informação »