Microsoft seeks solutions to overcome UK block on Activision acquisition.

1 min read
Source: Seeking Alpha
Microsoft seeks solutions to overcome UK block on Activision acquisition.
Photo: Seeking Alpha
TL;DR Summary

Microsoft is exploring ways to close its $69bn acquisition of Activision despite a block from the UK's antitrust authority. The company could pull out of the UK market or fight the UK's Competition and Markets Authority in court. The CMA currently has an interim order that prevents Microsoft from acquiring an interest in Activision, which is likely to be made permanent soon. Microsoft has filed an appeal to the CMA, but the UK's decision is viewed as a major obstacle that could ultimately lead to the transaction's termination.

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