Hearing on FTC’s Merger Block: Satya Nadella from Microsoft and Activision CEO Listed as Witnesses

Microsoft CEO Satya Nadella and CEO of Activision Blizzard, Bobby Kotick, are among the witnesses scheduled to testify in a five-day evidentiary hearing set to commence this week regarding the Federal Trade Commission’s (FTC) attempt to prevent the completion of Microsoft’s $69 billion acquisition of Activision Blizzard, according to a court filing on Tuesday. The …

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Gamers’ Blockage of Activision Blizzard Acquisition Foiled as Microsoft Emerges Victorious

Microsoft successfully overcame a potential legal obstacle in its $69 billion (approximately Rs. 5,71,730 crore) acquisition of Activision Blizzard, the company behind the popular video game Call of Duty. A US judge denied the request of private plaintiffs to preliminarily block the merger, stating that the gamers failed to demonstrate irreparable harm. The plaintiffs filed …

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Microsoft Appeals UK Regulator’s Ruling Against $69 Billion Acquisition Bid for Activision, Call of Duty’s Parent Company

Microsoft is pushing back against the decision by Britain to block its $69 billion acquisition of Activision Blizzard, the company behind the popular game Call of Duty. Microsoft claims that there were “fundamental errors” in the evaluation of its cloud gaming services, which led to the veto of the deal by Britain’s anti-trust regulator, the …

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Microsoft Seeks Potential Approvals for $69 Billion Activision Blizzard Acquisition in the UK

The president of Microsoft, Brad Smith, expressed his determination to find solutions and gain approval from British regulators for the company’s $69 billion acquisition of Activision Blizzard, the maker of “Call of Duty.” In April, British competition authorities blocked the deal, but Microsoft has since appealed the decision and remains hopeful for a positive outcome. …

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US judge temporarily blocks Microsoft’s acquisition of Activision Blizzard worth $69 billion.

AUS District Judge Edward Davila recently granted the FTC’s request to block Microsoft’s acquisition of Activision Blizzard temporarily. This move has led to the scheduling of a two-day evidentiary hearing in San Francisco next week to determine whether a preliminary injunction is necessary to last during the administrative review of the case. If implemented, this …

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US FTC Reportedly Blocks Microsoft-Activision Blizzard Acquisition Deal

In an expected court filing on Monday, a source revealed that the US Federal Trade Commission (FTC) plans to file an injunction against Microsoft’s acquisition of Activision Blizzard. The American software behemoth has ambitions to acquire the famous Call of Duty videogame maker in a deal worth a staggering $69 billion (nearly Rs. 5,68,800 crore). …

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