The US Federal Trade Commission has suceeded in getting a temporary ban placed on Microsoft's $68.7bn Activision Blizzard buyout bid.
Word of the FTC's intent to file an injunction first broke on Monday this week. The development blocks Microsoft from making any kind of move on Activision Blizzard, and brings the matter to a federal court.
The FTC had previously set its own date for the deal to be debated by an internal administrative judge on 2nd August - after Microsoft's own deadline to complete the merger on 18th July expires.
source https://www.eurogamer.net/ftc-temporarily-blocks-microsoft-activision-blizzard-buyout
Posts
No comments:
Post a Comment