Report: Kotick to remain Activision CEO if Microsoft deal fails
The CEO of Activision Blizzard Robert Kotick will still be in that position if the company's acquisition by Microsoft falls through.
That's according to Fox Business, which reports that sources close to the situation say that the long-serving exec "will absolutely remain at the gaming giant to run the company." That being said, they also do believe that the acquisition will close, adding that the UK's Competition and Markets Authority (CMA) is the "only regulatory body that really matters".
That government body said in provisional findings last week that Microsoft's acquisition of Activision Blizzard could lessen competition in the UK games market.
If the deal does go through, it's still not clear what would happen to Kotick. Last year, regulatory filings revealed that he would receive around $14.6 million as a golden parachute.
The Microsoft Activision Blizzard deal is currently the subject of a lawsuit from the Federal Trade Commission.
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