Microsoft's $69 billion Activision Blizzard takeover approved by UK, clearing way for deal to close
Headline from NBC 6 South Florida
Britain’s top competition watchdog on Friday gave the green light to Microsoft’s proposed $69 billion takeover of gaming firm Activision Blizzard.
NBC 6 South Florida's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
LONDON (AP) — Microsoft’s purchase of Call of Duty maker Activision Blizzard won final approval Friday from Britain’s competition watchdog, reversing its earlier decision to block the $69 billion gaming deal and removing the final obstacle for one of the largest tech transactions in history.
The nearly 22 months it took to close the deal reflected concerns from rivals and government regulators that Microsoft could use its growing collection of games to lessen competition.
Microsoft has completed its acquisition of video game-maker Activision Blizzard for $69 billion, closing one of the most expensive tech acquisitions in history that could have repercussions across the video game industry.
Microsoft completed its purchase of video game-maker Activision Blizzard for $69 billion today, closing one of the most expensive tech acquisitions in history that could have repercussions across the video game industry.
Microsoft on Friday said it closed its $69 billion purchase of the video game giant Activision Blizzard, overcoming significant regulatory hurdles in Britain and the United States and signaling that the tech industry’s giants are still free to use their cash hoards to get even bigger.
The nearly 22 months it took to close the deal reflected concerns from rivals and government regulators that Microsoft could use its growing collection of games to lessen competition.
LONDON >> Microsoft’s purchase of video game maker Activision Blizzard won final approval Friday from Britain’s competition watchdog, reversing its earlier decision to block the $69 billion deal and removing a last obstacle for one of the largest tech transactions in history.
The biggest acquisition in gaming history and one of the largest in the tech industry is finally complete. A year and a half after the deal was announced, Microsoft has bought Activision Blizzard for $68.7 billion.
Microsoft completed its $69 billion acquisition of Activision Blizzard after clearing a series of regulators’ hurdles since the deal was first announced in January 2022.
British anti-trust regulators granted final approval Friday for Microsoft's $69 billion acquisition of Call of Duty video game maker Activision Blizzard.
Microsoft has completed its takeover of Activision Blizzard, the maker of “Call of Duty” and other hit video games, closing one of the biggest tech deals of all time.
