Microsoft's Activision Blizzard deal faces UK hurdles and stock price swings.

TL;DR Summary
Microsoft President Brad Smith is set to discuss the blocked Activision Blizzard merger with UK Chancellor Jeremy Hunt during a visit to London this week. Microsoft is appealing the UK CMA's decision to block the deal, with a hearing scheduled for late July. One possible extreme option for Microsoft is to bypass the UK order and push on with the takeover anyway, or even withdraw Activision from the UK market.
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