The Redmond firm is finally planning to finalize its $68.7 billion acquisition of Activision Blizzard in the coming week. According to The Verge, Microsoft is trying to move the barrel towards the spot and clear up the way to fix a deal on October 13th.
The company is now looking to flatten the muddy surface to show the world that the 20-month drill to buy Call of Duty maker Activision Blizzard is nearing the edge of the peak. The dedicated date still relies on the UK’s Competition and Markets Authority, previously a regulator that put a box full of bricks in front of a car to stop them from passing through the deal. This happened earlier this year.
Microsoft has now revamped the deal abstract to transport cloud gaming rights for new Activision Blizzard games to Ubisoft, and the company protected the early approval from the CMA last month.
It is not a sure shot yet; the CMA has an imperative deadline that will likely expire today. A final decision from the CMA is anticipated next week; any unattended surprises might show up and allow Microsoft to close the deal. Microsoft and Activision Blizzard extended their deal deadline until October 18th, but the company can shut down its deal next week. Then, the company will bring the long 20-month process of regulatory regulations and war across Europe and the US a bit earlier than it could be identified before.
In addition, Microsoft was denied permission to overshadow the deal in the UK over cloud concerns; this happened a few weeks before the EU approved the deal with Microsoft.
The regulatory wars bestowed upon Microsoft in Europe appeared months after the FTC sued to block the Activision Blizzard acquisition in the US last year. However, the FTC then stalled to secure an early flight to stop Microsoft from acquiring Activision Blizzard during a tiring five days of evidence and testimony in July FTC v. Microsoft.
