Microsoft's $69B Bid To Acquire Activision Blizzard Receives European Union Approval - $MSFT $ATVI
  • 11 months ago
The European Union's antitrust regulator has given its approval Monday to Microsoft's proposed $68.7-billion acquisition of Activision Blizzard.

The decision came after Microsoft made specific concessions aimed at addressing concerns regarding competition in the cloud gaming market. These concessions ensure that rival companies would continue to have access to games developed by Activision, including the immensely popular "Call of Duty" franchise.