FTC Sues To Block Microsoft/Activision Merger As Analyst Says Only 30% Chance Deal Closes
The Federal Trade Commission said it filed an antitrust lawsuit to block Microsoft's (MSFT) $69 billion takeover of video game company Activision Blizzard (ATVI). MSFT stock climbed on the news while Activision stock fell.X Microsoft announced the deal in January, offering to buy Activision for…
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