Microsoft-Activision Deal: FTC Agrees To Pause Trial, Opening Door For Settlement Talks
Portfolio Pulse from Benzinga Neuro
The U.S. Federal Trade Commission (FTC) has agreed to pause its trial against the $69 billion acquisition of Activision Blizzard Inc. by Microsoft Corp. This decision marks a significant victory for both companies as they strive to finalize the largest-ever gaming deal amidst regulatory hurdles in the U.S. and the U.K. The companies can now attempt to convince the FTC’s commissioners to accept a settlement or drop their opposition to the deal.
July 21, 2023 | 2:26 am
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POSITIVE IMPACT
The FTC's decision to pause the trial against Activision Blizzard's acquisition by Microsoft could potentially lead to a settlement, which would be beneficial for Activision Blizzard.
The FTC's decision to pause the trial opens the door for settlement talks, which could potentially lead to the approval of the acquisition. This would be beneficial for Activision Blizzard as it would provide them with the resources and support of Microsoft.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
The FTC's decision to pause the trial against Microsoft's acquisition of Activision Blizzard could potentially lead to a settlement, which would be beneficial for Microsoft.
The FTC's decision to pause the trial opens the door for settlement talks, which could potentially lead to the approval of the acquisition. This would be beneficial for Microsoft as it would allow them to expand their gaming portfolio with the addition of Activision Blizzard.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100