UK CMA Extends Statutory Period To Make An Order On Microsoft / Activision Blizzard Merger By Six Weeks
Portfolio Pulse from Benzinga Newsdesk
The UK Competition and Markets Authority (CMA) has extended the statutory period to make an order on the merger between Microsoft and Activision Blizzard by six weeks.
July 14, 2023 | 9:17 am
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NEUTRAL IMPACT
The extension of the decision period on the merger by the UK CMA may delay Activision Blizzard's merger with Microsoft.
The extension of the decision period by the UK CMA could potentially delay Activision Blizzard's merger with Microsoft. However, it does not necessarily indicate a negative outcome.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEUTRAL IMPACT
The extension of the decision period on the merger by the UK CMA may delay Microsoft's plans.
The extension of the decision period by the UK CMA could potentially delay Microsoft's plans for the merger with Activision Blizzard. However, it does not necessarily indicate a negative outcome.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100