Microsoft-Activision deal back on track

By Associated Press

Jul 13, 2023 12:19 am

Judge rules in favor of acquisition

A FEDERAL judge handed Microsoft a major victory by declining to block its looming $69-billion takeover of video game company Activision Blizzard.

US District Judge Jacqueline Scott Corley said in a ruling that the merger deserved scrutiny, noting it could be the largest in the history of the tech industry. But federal regulators were unable to show how it would cause serious harm and would not likely prevail if they took it to a full trial.

Already have an active account? Log in here to continue reading.
Or
Subscribe to the Premium Subscription plan to access this subscriber-exclusive article.

Judge rules in favor of acquisition

Related Articles

China-based US firms fear trade turmoil

Singapore Dec core inflation at 1.8% y/y

Samsung unveils next generation smartphones

Japan's exports hit record high in 2024

Hyundai, GM discuss commercial EVs

Thailand Dec exports rise 8.7% in Dec

MrBeast not quite in the bidding race for TikTok just yet, rep says