Injunction grinds Microsoft x Activision Blizzard deal to a sudden halt
The United States Federal Trade Commission has requested a short halt to Microsoft’s acquisition of Activision Blizzard King while they examine the deal for potential legal challenges. This request has been granted by US federal courts.
While short, this is yet another barrier that Microsoft will have to bust through before it can finally get its tenticles around the troubled developer of World of Warcraft, Diablo, and Overwatch. Thankfully for the corporation, this injunction grants just a few days for the FTC to figure a proper legal challenge. Failing that, the deals of the deal can continue as planned.
The injunction states: “Microsoft and Activision shall not close or consummate their proposed transaction or a substantially similar transaction until after 11:59 p.m. Pacific Time on the fifth business day after the Court rules on the FTC’s request for a preliminary injunction”.