Later today, the UK's Competition and Markets Authority (CMA) is set to give its verdict on Microsoft's proposed $69bn …
that the takeover"will not result in a substantial lessening of competition in relation to console gaming in the UK", though concerns around cloud gaming remain.Should Microsoft gain approval in Europe, its plan is to close the merger for $95 a share, a source told the New York Post.
However, the FTC could still file for a temporary injunction from a US Federal court to prevent the merger closing, though this could fail depending on today's result. "If Microsoft makes a deal with the Brits and the European Union it can say that antitrust concerns are resolved, and if you're a judge that's not a helpful fact for the FTC."
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
UK decision on $68.7bn Microsoft Activision Blizzard deal due this weekThe UK will finally issue its ruling on Microsoft's $68.7bn attempt to buy Call of Duty publisher Activision Blizzard t…
Read more »
UK blocks Microsoft Activision Blizzard dealMicrosoft's $68.7bn Activision Blizzard deal has been dramatically blocked by UK regulators, following a months-long in…
Read more »
NetEase is now reportedly suing Blizzard following their China licensing split | VGCNetEase is reportedly demanding compensation for unsold merchandise and refunds…
Read more »
The gloves come off as NetEase sues Blizzard for $44 millionThis relationship ended very badly indeed.
Read more »
Diablo 4 hardcore characters who die in PvP are dead, good and properDiablo 4 hardcore characters who die in PvP suffer permadeath, Blizzard has signalled. Blizzard community director Adam…
Read more »
NetEase is now reportedly suing Blizzard following their China licensing split | VGCUPDATE: An Activision Blizzard spokesperson told VGC it 'hasn't received the lawsuit yet' and it's 'confident we aren’t in breach of any licensing agreements'.
Read more »