UK Regulator Blocks Microsoft's $69B Acquisition of Activision Blizzard
TL;DR Summary
The U.K. competition regulator blocked Microsoft's acquisition of Activision Blizzard over concerns of limiting competition in cloud gaming. Activision's stock dropped 10% while Microsoft's stock rose 7.3% following strong quarterly earnings.
- Activision Stock Sinks as UK Regulator Blocks Microsoft Purchase of Videogame Maker Barron's
- UK blocks Microsoft takeover of Activision Blizzard CNN
- Britain blocks Microsoft's $69 billion acquisition of Activision Blizzard CNBC
- UK's Antitrust Regulator Threatens Innovation and M&A Bloomberg
- Competition and Markets Authority Blocks Xbox's Activision Blizzard Deal IGN
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