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ATVI Activision Blizzard Inc

94.42
0.00 (0.00%)
01 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
Activision Blizzard Inc NASDAQ:ATVI NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 94.42 104.01 94.42 0 01:00:00

UK Regulator to Refer Microsoft Deal for Activision Blizzard for Phase 2 Investigation

15/09/2022 12:49pm

Dow Jones News


Activision Blizzard (NASDAQ:ATVI)
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By Kyle Morris

 

The U.K.'s Competition and Markets Authority said Thursday that it has decided to refer Microsoft Corp.'s $75 billion acquisition of Activision Blizzard Inc. for a phase 2 investigation after Microsoft informed the regulator that it wouldn't be offering any undertakings.

On Sept. 1, the regulator decided that the merger might result in a substantial lessening of competition in the U.K.

On Jan. 18, Microsoft agreed to buy Activision Blizzard Inc. in an all-cash deal.

 

Write to Kyle Morris at kyle.morris@dowjones.com

 

(END) Dow Jones Newswires

September 15, 2022 07:34 ET (11:34 GMT)

Copyright (c) 2022 Dow Jones & Company, Inc.

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