Microsoft’s Activision Blizzard Acquisition Challenged by FTC Injunction

The Federal Trade Commission (FTC) is reportedly planning to file an injunction this week to halt a $68.7 billion acquisition of Activision Blizzard (NASDAQ: ATVI) by Microsoft (NASDAQ: MSFT). According to a source familiar with the matter cited by CNBC, the move aims to halt the transaction ahead of its July 18 deadline. This follows … Continue reading Microsoft’s Activision Blizzard Acquisition Challenged by FTC Injunction