The anticipated acquisition of Activision Blizzard by Microsoft is expected to be completed next week, as reported by The Verge citing an unnamed source. Microsoft had announced its intention to purchase Activision Blizzard for about $68.7 billion, a company known for mega franchises like Call of Duty, World of Warcraft, Diablo, Tony Hawk's Pro Skater, and the mobile hit Candy Crush.
Upon declaring its intent to make the acquisition, the deal was scrutinized globally by watchdogs. The merger got approval from most regions, including the European Union. The U.S. Federal Trade Commission initially disagreed and took Microsoft to court but lost the lawsuit. The British Competition and Markets Authority also initially disapproved, but after the FTC lost the case, they agreed to reassess the situation with Microsoft.
To appease the CMA, Microsoft announced that Ubisoft would be permitted to release Activision Blizzard games on cloud services. The CMA has until October 18th to make a final judgment, but they provisionally approved the acquisition last month. According to The Verge, the CMA may make its binding decision as early as next week, allowing Microsoft to announce the completion of the takeover on October 13th.
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