Todd Spangler NY Digital Editor A federal court nixed the FTC’s request to block Microsoft’s acquisition of Activision Blizzard, which could pave the way for the $69 billion deal to close as soon as this month.
The U.S. District Court of the Northern District of California on Tuesday issued a ruling denying the Federal Trade Commission’s request for a preliminary injunction in its case regarding Microsoft’s acquisition of Activision Blizzard.
Microsoft has signaled it intends to close the takeover of Activision Blizzard — which would be the biggest ever in the gaming sector — by the July 18 deal termination date.
In the ruling (available at this link), District Court Judge Jacqueline Scott Corley cited in part Microsoft’s commitment to keep Call of Duty on PlayStation for 10 years, on parity with Xbox, and that Microsoft inked an agreement with Nintendo to bring the game to Nintendo Switch.
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