Trending: Judge Rules Microsoft Can Close Activision Blizzard Deal
July 11 2023 - 2:35PM
Dow Jones News
14:04 ET -- Microsoft is one of the most mentioned companies in
the U.S. across all news items in the last 12 hours, according to
Factiva data. Microsoft can close its $75 billion acquisition of
Activision Blizzard, a federal judge ruled Tuesday, delivering a
major setback to the Biden administration's attempt to rein in big
mergers. The deal would combine Microsoft's Xbox videogaming
business with the publisher of popular franchises such as "Call of
Duty," "World of Warcraft" and "Candy Crush." The ruling means
there isn't a current obstacle in the U.S. to keep the companies
from merging. They are still seeking U.K. approval. Dow Jones &
Co. owns Factiva. (matt.walker@dowjones.com)
(END) Dow Jones Newswires
July 11, 2023 14:20 ET (18:20 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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