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Microsoft CEO Is "Very Confident" About Acquiring Activision Despite Recent Roadblocks

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It has been nine months since Microsoft announced it was buying Activision for $70 Billion, but the deal has encountered numerous setbacks so far.

However, the investigation by the UK’s Competition and Markets Authority (CMA) seems to be its biggest hurdle yet. The CMA believed that this acquisition will be harmful to other companies in the UK games industry.

Consequently, it gave Microsoft until September 8 to address these issues, and since Microsoft reportedly failed to adhere to the timeline, the CMA is now conducting further investigation into this matter.

And yet, despite these problems, Microsoft CEO, Satya Nadella, believes the deal will still go through. RELATED: Jim Ryan Has No Right To Comment On Call Of Duty And Xbox In an interview with Bloomberg Television, Nadella said, “Of course, any acquisition of this size will go through scrutiny, but we feel very, very confident that we’ll come out.” He also mentioned that Microsoft was probably in the fourth or fifth position amongst other competitors in the video games industry, and therefore doesn't pose a threat.

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