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What The HELL Is Going On With The Microsoft-Activision Acquisition Deal?
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In January of this year, Microsoft announced that it would be acquiring Activision Blizzard in a deal worth nearly $69 billion, though as the months have passed by, the proposed acquisition has run into a number of hurdles. Of course, any acquisition – especially one of this magnitude – has to jump through all the necessary regulatory hoops before it can be finalized, but as the last few months (and especially the last few days) have made abundantly clear, those hoops are proving harder to jump through for this particular acquisition. So what exactly is going on with the Xbox-Activision deal?
Well, in the here and now, this is the big headline- just recently, it came to light that the United States’ Federal Trade Commission (or the FTC) is filing an antitrust lawsuit against Microsoft in administrative court in a bit to block the company's impending acquisition of Activision Blizzard.
Well, in the here and now, this is the big headline- just recently, it came to light that the United States’ Federal Trade Commission (or the FTC) is filing an antitrust lawsuit against Microsoft in administrative court in a bit to block the company's impending acquisition of Activision Blizzard.
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