The FTC will appeal a California judge’s decision to allow Microsoft’s $69 billion purchase of Activision Blizzard, according to a court filing late Wednesday.
Still, any outstanding regulatory hurdle makes it more likely that the agreement between Microsoft and Activision will expire on July 18 without the deal having been completed. After July 18, either company will be free to walk away from the deal unless they negotiate an extension.like Call of Duty, World of Warcraft and Candy Crush.
Copies of"Call of Duty: Ghosts" are displayed during a launch event for the highly anticipated video game at a GameStop Corp. store on Nov. 4, 2013 in North Las Vegas. "We’re confident the U.S. will remain among the 39 countries where the merger can close," an Activision spokesperson said. "We look forward to reinforcing the strength of our case in court, again."
Candy Crush Saga logo displayed on a phone screen and Candy Crush website displayed in the background is seen. Microsoft said that the deal would benefit gamers and gaming companies alike and has offered to sign a legally binding consent decree with the FTC to provide Call of Duty games to rivals for a decade.
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