US court refuses FTC request to pause Microsoft deal for Activision

A U.S. federal court rejected the Federal Trade Commission's request that it order Microsoft to temporarily hold off on closing its $69 billion purchase of "Call of Duty" maker Activision Blizzard, according to a court filing.

Reuters

July 14, 2023 / 06:48 IST

Microsoft, Activision weigh sale of some UK cloud-gaming rights

A U.S. federal court rejected the Federal Trade Commission's request that it order Microsoft to temporarily hold off on closing its $69 billion purchase of "Call of Duty" maker Activision Blizzard, according to a court filing.

Reuters

first published: Jul 14, 2023 06:43 am

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347