Last night two things happened:
1. Judge Corley denied the FTC an Emergency Hold to prevent Microsoft from closing ABK acquisition deal while the appeal is being processed by the 9th Appeal Circuit.
2. CMA extended their FINAL DECISION REPORT DATE to August 29 because Microsoft submitted a "complex" counter proposal that cannot be reviewed thoughtfully one time for next week (original deadline).
All this occurs as once again, it is heavily suggested that Microsoft is looking on how to close the transaction regardless the CMA and it is rumored that the "complex" counter-offer is both Microsoft and Activision Blizzard selling their respective Cloud Gaming assets to a local UK company and could serve as a license holder for Activision games.
Meanwhile back & back to the USA, it is believed that the 9th Circuits of Appeals could make a ruling today and probably rule against the FTC
The TRO expires today which means that the window of Microsoft closing the deal can be from the early weekend to the very end of business hours of Monday.
#Gaming #GamingNews
1. Judge Corley denied the FTC an Emergency Hold to prevent Microsoft from closing ABK acquisition deal while the appeal is being processed by the 9th Appeal Circuit.
2. CMA extended their FINAL DECISION REPORT DATE to August 29 because Microsoft submitted a "complex" counter proposal that cannot be reviewed thoughtfully one time for next week (original deadline).
All this occurs as once again, it is heavily suggested that Microsoft is looking on how to close the transaction regardless the CMA and it is rumored that the "complex" counter-offer is both Microsoft and Activision Blizzard selling their respective Cloud Gaming assets to a local UK company and could serve as a license holder for Activision games.
Meanwhile back & back to the USA, it is believed that the 9th Circuits of Appeals could make a ruling today and probably rule against the FTC
The TRO expires today which means that the window of Microsoft closing the deal can be from the early weekend to the very end of business hours of Monday.
#Gaming #GamingNews
Last night two things happened:
1. Judge Corley denied the FTC an Emergency Hold to prevent Microsoft from closing ABK acquisition deal while the appeal is being processed by the 9th Appeal Circuit.
2. CMA extended their FINAL DECISION REPORT DATE to August 29 because Microsoft submitted a "complex" counter proposal that cannot be reviewed thoughtfully one time for next week (original deadline).
All this occurs as once again, it is heavily suggested that Microsoft is looking on how to close the transaction regardless the CMA and it is rumored that the "complex" counter-offer is both Microsoft and Activision Blizzard selling their respective Cloud Gaming assets to a local UK company and could serve as a license holder for Activision games.
Meanwhile back & back to the USA, it is believed that the 9th Circuits of Appeals could make a ruling today and probably rule against the FTC
The TRO expires today which means that the window of Microsoft closing the deal can be from the early weekend to the very end of business hours of Monday.
#Gaming #GamingNews