Microsoft's $69B Acquisition Of Activision Blizzard Approved By UK Regulators - CNBC
Portfolio Pulse from Benzinga Newsdesk
UK regulators have approved Microsoft's $69 billion acquisition of Activision Blizzard, as reported by CNBC. This move is a significant step towards the completion of the deal.
October 13, 2023 | 7:16 am
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POSITIVE IMPACT
Activision Blizzard's acquisition by Microsoft has been approved by UK regulators, moving the deal closer to completion.
The approval by UK regulators is a significant step towards the completion of Activision Blizzard's acquisition by Microsoft. This could potentially lead to a rise in Activision Blizzard's stock in the short term as the deal progresses.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Microsoft's acquisition of Activision Blizzard has been approved by UK regulators, moving the deal closer to completion.
The approval by UK regulators is a significant step towards the completion of Microsoft's acquisition of Activision Blizzard. This could potentially strengthen Microsoft's position in the gaming industry, which may positively impact its stock in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100