'UK Regulators Likely To Decide On Microsoft's Activision Blizzard Deal Next Week' - The Verge
Portfolio Pulse from Benzinga Newsdesk
The UK's Competition and Markets Authority (CMA) is expected to issue a preliminary decision on Microsoft's Activision Blizzard deal next week. This follows Microsoft restructuring its deal to transfer cloud gaming rights for current and new Activision Blizzard games to Ubisoft. The final decision is due by October 18th.
September 20, 2023 | 12:15 pm
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Activision Blizzard's acquisition by Microsoft is pending approval from UK regulators. Microsoft has restructured the deal to transfer cloud gaming rights to Ubisoft.
The outcome of the regulatory decision could have a significant impact on Activision Blizzard's future. However, the short-term impact on the stock is uncertain until the decision is announced.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Microsoft's acquisition of Activision Blizzard is pending approval from UK regulators. The company has restructured the deal to address cloud gaming concerns.
The outcome of the regulatory decision could have a significant impact on Microsoft's future in the gaming industry. However, the short-term impact on the stock is uncertain until the decision is announced.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
The Vanguard FTSE Europe ETF (VGK) could be indirectly affected by the UK regulatory decision on Microsoft's Activision Blizzard deal.
As the ETF includes European stocks, the decision by UK regulators could indirectly affect the ETF's performance. However, the specific impact is uncertain until the decision is announced.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50