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Kotick Defends Deal Terms

11:44am, Wednesday, 19'th Jul 2023
Activision's CEO Bobby Kotick, during a CNBC interview, addressed shareholder concerns about the company's impending deal, expressed optimism about overcoming regulatory challenges in the UK, and unde
Activision Blizzard, Inc revealed the official postponement of the deadline for closing its merger with Microsoft Corp in a bid to buy more time for the $69 billion agreement to gain approval from th
Activision Blizzard and Microsoft have extended their acquisition deadline to October after regulatory delays pushed the past the limits of the original agreement.
The Federal Trade Commission and Justice Department on Wednesday released new merger guidelines that could make it tougher for Amazon.com Inc. AMZN, +1.60% and Alphabet Inc.'s GOOGL, -0.02% GOOG, +0.1
The deadline for Microsoft's $69 billion acquisition of video game company Activision Blizzard has been extended as the companies seek to close a deal that has been challenged by regulators in the U.S
Berkshire Hathaway recently sold most of its stake in Activision Blizzard. Warren Buffett appears to be taking profits on his merger arbitrage play with the stock.
Microsoft and Activision have mutually agreed to extend their merger deadline by three months in the face of ongoing negotiations with the UK government that could allow the $69 billion acquisition to
The Biden administration unveiled new, tougher proposed guidelines for how it will police against monopoly power Monday, and top officials are now pushing back against criticisms that the document is
Activision Blizzard and Microsoft agreed on Wednesday to extend the deadline for their merger agreement to Oct. 18 as the companies continue to work on gaining approval from regulators.
Activision Blizzard Inc. agreed to give Microsoft Corp. three more months to close their $69 billion merger so the companies can iron out remaining regulatory concerns and salvage the biggest video
Activision also declares a cash dividend of 99 cents a share.
Videogame maker Activision Blizzard Inc. ATVI, -0.50% announced Wednesday an agreement with software giant Microsoft Corp. MSFT, +3.98% to extend the merger deadline by three months to Oct. 18. The po
Microsoft and Activision Blizzard on Wednesday agreed to extend the deadline for their merger agreement until Oct. 18, Activision said in a statement on Wednesday.
The companies plan to continue work to resolve lingering regulatory issues as the deadline to close the merger approaches.
Twenty-two Republican lawmakers urged the Federal Trade Commission to drop its fight against Microsoft's deal to buy video game maker Activision Blizzard.
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