US EditionUK regulator says it may clear Microsoft’s new Activision Blizzard takeover offer
- Microsoft's revised offer to buy Activision Blizzard has been reviewed by the UK competition watchdog, who says it "opens the door" to the deal being cleared.
- The revised offer by Microsoft has implications for the video game industry, as it involves the acquisition of the popular Call of Duty maker Activision Blizzard. The deal is currently under scrutiny by regulators to ensure it does not harm competition.
- The UK competition watchdog's positive response to Microsoft's revised offer suggests that the deal has a higher chance of being approved. This approval would pave the way for Microsoft to acquire Activision Blizzard and solidify its position in the gaming market.
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Microsoft-Activision restructured $69B deal pleases British regulators
Microsoft and Activision Blizzard cleared another hurdle in completing their $69 billion tie-up. British regulators with the Competition and Markets Authority (CMA) on Friday said the move "opens the door" to the biggest-ever gaming deal getting done, "The sale of Activision’s cloud gaming rights to Ubisoft substantially addresses previous concerns and opens the door to the deal being cleared" the CMA said in communication shared on X, formally …
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Total News Sources51
Leaning Left15Leaning Right3Center25Last UpdatedBias Distribution58% Center
Bias Distribution
- 58% of the sources are Center
58% Center
L 35%
C 58%
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