Xbox President Phil Spencer announced that Microsoft has made the move it was expected to make against England. The validity date of the Microsoft and Activision Blizzard acquisition agreement has been extended.
There is only one obstacle left for Microsoft to complete the acquisition of Activision Blizzard, which will be the biggest commercial deal in history. Addressing the UK Competition and Markets Authority’s (CMA) concerns.
CMA has further strengthened Microsoft the last day. complicating signed a decision, extending the decision date for the investigation about the purchase by 6 weeks. Today, this move from Microsoft counter move came.
Microsoft and Activision Blizzard extended the validity date of the purchase agreement!
Xbox President Phil Spencer shared on Twitter that Microsoft and Activision Blizzard have signed the merger agreement. Extended to October 18 explained. This contract would normally expire on July 18. Thus, an obstacle placed in front of Microsoft by the CMA has been overcome.
Right now, all Microsoft can do is wait for its defense to the CMA to be considered and Receive a reply by August 29 will be. According to Phil Spencer, Microsoft remains hopeful about the acquisition:
“We are optimistic about completing this and are excited to bring more games to more players everywhere.”
What happened in the past days?
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