Yesterday, U.S. District Judge Edward Davila granted the FTC’s request to temporarily block Microsoft’s (MSFT) proposed takeover of Activision Blizzard (ATVI) and scheduled a hearing for next week, Reuters’ David Shepardson reports. The judge set a two-day evidentiary hearing on the FTC request for a preliminary injunction for June 22-23 in San Francisco, Shepardson says, noting that Microsoft could have closed on the $69B transaction as early as Friday.
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Published first on TheFly
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