FTC to argue Microsoft's deal to buy Activision should be paused
newscatcher
2023-06-25 17:33
FTC to argue Microsoft's deal to buy Activision should be paused
WASHINGTON - The U.S. Federal Trade Commission on Thursday will argue in federal court for a preliminary injunction to temporarily block Microsoft's acquisition of videogame maker Activision Blizzard, stopping the deal from closing before the government's case against the deal is heard. Microsoft has said that a temporary block could scuttle the deal. Courts do not usually take into account such real-world consequences. But if the court pauses the deal, Microsoft and Activision will have to agree to extend it past a July 18 termination date built into their original agreement.

http://klse.i3investor.com/web/blog/detail/kianweiaritcles/2023-06-22-story-h-247556164-FTC_to_argue_Microsoft_s_deal_to_buy_Activision_should_be_paused

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