EU Weighing Need For Microsoft To Refile Activision Deal
Portfolio Pulse from Happy Mohamed
The European Union is considering whether Microsoft needs to refile its deal to acquire Activision Blizzard, according to Bloomberg. The decision could potentially delay the $68.7 billion deal.
August 22, 2023 | 1:45 pm
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NEGATIVE IMPACT
Activision Blizzard's acquisition by Microsoft may be delayed if the EU requires the deal to be refiled.
If the EU requires Microsoft to refile the deal, it could delay the acquisition process. This uncertainty may negatively impact Activision Blizzard's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
Microsoft's acquisition of Activision Blizzard may be delayed if the EU requires the deal to be refiled.
If the EU requires Microsoft to refile the deal, it could delay the acquisition process. This uncertainty may negatively impact Microsoft's stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100