FTC set to file injunction to block Microsoft acquisition of Activision Blizzard: report

United States News News

FTC set to file injunction to block Microsoft acquisition of Activision Blizzard: report
United States Latest News,United States Headlines
  • 📰 MarketWatch
  • ⏱ Reading Time:
  • 22 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 97%

Microsoft Corp. appears to have another headwind in its $69 billion acquisition of videogame publisher Activision Blizzard Inc. in the form of an injunction...

Microsoft Corp. MSFT appears to have another headwind in its $69 billion acquisition of videogame publisher Activision Blizzard Inc. ATVI in the form of an injunction from the Federal Trade Commission, according to a report Monday. In a CNBC report, the FTC is set to file an injunction to block the deal, according to a source close to the matter. Microsoft shares were up 0.3%, and Activision’s were flat in recent activity.

... Microsoft Corp. MSFT appears to have another headwind in its $69 billion acquisition of videogame publisher Activision Blizzard Inc. ATVI in the form of an injunction from the Federal Trade Commission, according to a report Monday. In a CNBC report, the FTC is set to file an injunction to block the deal, according to a source close to the matter. Microsoft shares were up 0.3%, and Activision’s were flat in recent activity.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

MarketWatch /  🏆 3. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

FTC expected to block Microsoft’s $69B purchase of Activision Blizzard: reportFTC expected to block Microsoft’s $69B purchase of Activision Blizzard: reportNearly one month after EU regulators approved Microsoft’s $69 billion bid to acquire “Call of Duty” maker Activision Blizzard, the FTC is expected to halt the deal with a prelimin…
Read more »

Regulators Move to Crush Microsoft’s Massive Activision Blizzard DealRegulators Move to Crush Microsoft’s Massive Activision Blizzard DealThe Federal Trade Commission is reportedly planning to file an injunction to block the $69 billion deal.
Read more »

Activision removes another streamer’s skin from Call of DutyActivision removes another streamer’s skin from Call of DutyActivision has, yet again, broken out the skin-cutting knives
Read more »

Scammers find success with bank fraud texts, FTC warnsInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Read more »

'Call of Duty' boycott calls as Activision's wades into LGBTQ+ culture war'Call of Duty' boycott calls as Activision's wades into LGBTQ+ culture warThe video game company is facing rising resentment among gamers after it removed a prominent streamer's items from sale after a critical tweet.
Read more »

Microsoft 'Clippy' designer says he was 'so embarrassed' by creationThe designer of Microsoft's super-annoying 'Clippy' assistant says he was 'so embarrassed' by his creation
Read more »



Render Time: 2025-02-22 18:22:46