Microsoft and Activision may push back date of their merger – INDIA

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According to the original agreement, today is the last day he can Microsoft complete the acquisition Activision Blizzard for historical $68.7 billion. But it probably won’t happen today. However, Microsoft will not have to pay Activision Blizzard $3 billion in fines for violating this agreement, as there are reports that it Both parties agree to an extensionwithout penalties.

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Bloomberg sources believe so. According to them, Activision Blizzard is going to merge with Microsoft. This was also noticed at yesterday’s meeting of the Court of Appeal for Economic Competition (CAT). The judge heard statements from both Microsoft and the Competition and Markets Authority (CMA) and tentatively agreed to a two-month stay of the trial. Thus, all parties have two months to come to an agreement.

According to available information, a plus was recently closed for Microsoft’s connection with Activision Blizzard. 10-year Call of Duty contract with Sony, which guarantees the continued release of this shooter on PlayStation consoles. In addition, in recent days there have been reports of the possibility will abandon part of the Xbox cloud business in the UK. Here’s how Microsoft can solve the CMA issues.

Microsoft’s merger with Activision Blizzard has already been approved in 40 markets, including the European Union and Japan. The United States has no objection to the merger, but the FTC still wants to settle things in court in August.

Other Microsoft and Xbox articles:

  • Microsoft is canceling Xbox Live Gold. The service will be replaced by Xbox Game Pass Core.
  • The Xbox icon says goodbye. Larry Mushroom, aka Major Nelson, leaves after 20 years.
  • Microsoft to Stop Testing Xbox Game Pass Friends and Family Subscription
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Source :Indian TV

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