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Share of the Week: Joel and Ellie

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11.07 / 17:05
Party UPS Microsoft Activision Deal Likely to Pass in UK as the CMA Stays Legal Battle for Further Negotiations
Today Microsoft scored a major victory in their quest to get their proposed $69 billion acquisition of Activision Blizzard approved by regulators. The U.S. Federal Trade Commission had filed a preliminary injunction to block the deal before its July 18 deadline, but today a federal judge sided firmly with Microsoft in the matter. Microsoft will still face FTC hearings in August, but most of their arguments have just been roundly rejected in court, so the case doesn’t look good.
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