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There is only one obstacle left for Microsoft to complete its acquisition of Activision Blizzard, the largest commercial deal in history. Addressing the concerns of the UK Competition
There is only one obstacle left for Microsoft to complete its acquisition of Activision Blizzard, the largest commercial deal in history. Addressing the concerns of the UK Competition and Markets Authority (CMA).
CMA further strengthened Microsoft over the past day. complicated signed a decision in which the decision period for the investigation into the purchase has been extended by 6 weeks. Today this move is from Microsoft countermove came.
Xbox President Phil Spencer shared on Twitter that Microsoft and Activision Blizzard have signed the merger agreement. Extended to October 18 explained. This contract would normally expire on July 18. Thus, an obstacle placed by the CMA for Microsoft has been overcome.
At this point, Microsoft can only wait for its defense at the CMA to be considered and Receive an answer before August 29 will be. According to Phil Spencer, Microsoft remains hopeful about the acquisition:
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Source: Web Tekno
Alice Smith is a seasoned journalist and writer for Div Bracket. She has a keen sense of what’s important and is always on top of the latest trends. Alice provides in-depth coverage of the most talked-about news stories, delivering insightful and thought-provoking articles that keep her readers informed and engaged.
