Appeals court denies FTC request to stop $68.7 billion acquisition of Activision Blizzard
July 17, 2023
A federal appeals court denied a Federal Trade Commission request to stop the $68.7 billion Microsoft acquisition of Activision Blizzard today.
The denial could clear the way for the deal to close in the next few days.
A three-judge appeals court panel denied the motion for injunctive relief filed this week by the Federal Trade Commission, which sought to block the merge on antitrust grounds.