Microsoft’s Activision Blizzard Deal Approval Now in Hands of UK’s CMA

[ad_1] Microsoft’s Activision Blizzard deal is back in the hands of Britain’s antitrust regulator after an appeals court granted an adjournment, and the grounds for why the UK should reconsider its block on the US software giant’s takeover were published. The Competition and Markets Authority (CMA) set out on Friday Microsoft’s arguments for the reconsideration, … Read more

Activision, Microsoft Extend Deadline to Close $69 Billion Deal to October 18

[ad_1] Activision Blizzard said on Wednesday it has extended the deadline for the close of its $69 billion (roughly Rs. 5,66,200 crore) takeover by Microsoft to October 18 as the companies work to secure approval from the United Kingdom’s antitrust authority. The “Call of Duty” publisher said the companies also agreed to increase the deal termination … Read more

Microsoft Gets Two-Month Pause on UK Appeal Over Its Activision Deal

[ad_1] Microsoft’s appeal against Britain’s block on its $69 billion (nearly Rs. 5,66,100 crore) takeover of Activision Blizzard was formally paused by a London tribunal on Monday, to give the parties more time to resolve the dispute. Microsoft, Activision, and Britain’s competition regulator, the Competition and Markets Authority (CMA), had all asked for a two-month … Read more

Microsoft Asks London Court for Two-Month Pause of Appeal Over Activision Deal

[ad_1] Microsoft on Monday asked a London tribunal to pause its appeal against Britain’s block on its $69 billion (nearly Rs. 5,66,100 crore) takeover of Activision Blizzard to give the parties more time to resolve the dispute. Britain’s competition regulator, the Competition and Markets Authority (CMA), in April became the first major regulator to block … Read more

Activision to Intervene in Microsoft’s Appeal Against UK Regulator’s Block

[ad_1] Call of Duty maker Activision Blizzard has been given permission to intervene in Microsoft’s legal battle with Britain’s anti-trust regulator over its decision to block the $69 billion (nearly Rs. 5,71,730 crore) takeover. Microsoft is appealing against the Competition and Markets Authority’s (CMA) decision to veto the deal, which it did in April on … Read more

Microsoft Hits Back at UK Regulator’s Ruling to Block Activision Acquisition

[ad_1] Microsoft’s president Brad Smith said the UK regulator’s decision to prevent its acquisition of Call of Duty maker Activision Blizzard “had shaken confidence” in Britain as a destination for tech businesses. The Competition and Markets Authority (CMA), which operates independently from government, blocked the deal on Wednesday, saying it could hit competition in the … Read more