Microsoft Is Already Refusing To Talk About The Timing Of Completing The Activision Blizzard Acquisition
Summary
The reason for this was the measures taken by the US Federal Trade Commission (FTC). It was revealed the night before that the department was filing a lawsuit demanding the deal be blocked as done in order to stifle competition. In that regard, Microsoft spokesman David Cuddy said the company declined to comment at the time the deal to acquire the gaming giant was finalized. Judging by the experience of previous procedures related to acquisitions, the FTC authorized persons made final decisions within 7 to 12 months after the hearings began, recalled Bloomberg Intelligence analyst Jennifer Rie (Jennifer Rie). And if the ministry demands that Microsoft stay the merger, it must file a lawsuit.
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