Microsoft and Activision extend deadline to close $69 billion deal under close regulatory scrutiny
Headline from WHEC Rochester, on the newest of 3 developments
The deadline for Microsoft's $69 billion acquisition of video game company Activision Blizzard has been extended as the companies seek to close a deal that has been challenged by regulators in the U.S., as well as by the U.K.'s Competition and Markets Authority.
WHEC Rochester's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
Developments in this update
3 dated developments, oldest first, newest marked. Each is named by one outlet's own headline; open its reports to see every outlet that covered it.
Federal appeals court rules Microsoft can close its Activision merger
Headline from CNN ·
Microsoft and a UK regulator have been granted more time to resolve Activision merger issues
Headline from Engadget ·
Newest
Microsoft and Activision extend deadline to close $69 billion deal under close regulatory scrutiny
The U.K. competition regulator on Friday said it is extending the deadline for its review of Microsoft’s takeover of video game publisher of Activision Blizzard by six weeks. The extension will give the watchdog more time to review proposals by the two parties to resolve its concerns after it paused…
A federal appeals court said it will not block Microsoft from closing its $69 billion acquisition of Activision Blizzard, handing the Federal Trade Commission its second major defeat this week in a case involving the future of the video game industry.
Microsoft, Activision Blizzard and the CMA had each requested a two-month pause after the UK antitrust officials signaled they would consider alternate terms that would allow the acquisition to pro…
• Microsoft and Activision Blizzard agreed Wednesday to extend their deal until Oct. 18 to give themselves more time to address concerns from competition regulators.
The deadline for Microsoft's $69 billion acquisition of video game company Activision Blizzard has been extended as the companies seek to close a deal that has been challenged by regulators in the U.S., as well as by the U.K.'s Competition and Markets Authority.
Microsoft and Activision have mutually agreed to extend their merger deadline by three months in the face of ongoing negotiations with the UK government that could allow the $69 billion acquisition to close, the two companies announced on Wednesday.
Microsoft and Activision Blizzard extended the deadline to close their $69 billion mega-deal by three months as the parties work to get approval from U.K. regulators. Microsoft and Activision Blizz…
In return for a higher termination fee, Microsoft pushes the agreement deadline to Oct. 18 to potentially create one of the largest video game developers in the world.
Microsoft and Activision Blizzard agreed to extend their merger agreement deadline by three months to help address regulatory concerns in the UK. The new deadline is Oct. 18. The companies…
The amended deal also increased the fee that the Windows maker owes Activision in case either side scraps the takeover – to $3.5 billion from $3 billion if it does not close by Aug. 29, and t…
While it was expected that the Microsoft Activision deal may close as soon as this week, a deadline for the deal has been readjusted thanks to the continued persistence of one regulatory body in one country.
Activision Blizzard and Microsoft have extended their acquisition deadline to October after regulatory delays pushed the past the limits of the original agreement.
The two companies originally agreed to close the deal by July 18, but U.S. regulatory efforts to block the takeover and Britain's push to restructure it have delayed the close.
Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.
Microsoft and Activision extend deadline to close $69 billion deal under close regulatory scrutiny | Since Then