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.

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Judge rules in favor of acquisition

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