US court rejects FTC request to pause $69bn Microsoft deal for Activision

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STORY HIGHLIGHTS

<p>This came after US FTC asked an appeals court to pause Microsoft Corp’s $69 billion takeover of Activision Blizzard Inc while its challenge to the gaming deal is pending, media reports said. </p>

Authored by: Reuters

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This came after US FTC asked an appeals court to pause Microsoft Corp’s $69 billion takeover of Activision Blizzard Inc while its challenge to the gaming deal is pending, media reports said.

by Reuters

14 Jul 2023 06:35 IST Updated 14 Jul 2023 14:18 IST

US federal court rejected the Federal Trade Commission's request Photograph:(Reuters)

Washington, US

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

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US Microsoft FTC court Activision

by Reuters

14 Jul 2023 06:35 IST Updated 14 Jul 2023 14:18 IST

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