"Microsoft's Final Submission to CMA Signals Endgame for Activision Blizzard Buyout"

Microsoft has submitted its final proposal to the U.K.'s Competition and Markets Authority (CMA) in an attempt to convince the organization to reconsider its block on the proposed $69 billion buyout of Activision Blizzard. Microsoft highlights recent victories in court, approval from the European Commission, and an agreement with Sony as reasons for the CMA to reconsider. The CMA is the last hurdle for Microsoft to clear before finalizing the deal, and the company must complete the acquisition by October 18 or pay a reverse termination fee. The CMA will make its final decision on August 29.