Microsoft (MSFT) has offered remedies in an effort to achieve EU antitrust clearance for its proposed $69B takeover of Activision Blizzard (ATVI), Reuters’ Foo Yun Chee reports, citing a European Commission filing. The commission will now seek feedback from rivals and customers before making a determination on the deal by a May 22 deadline, the author notes. Reference Link
Published first on TheFly
See the top stocks recommended by analysts >>
Read More on MSFT:
- Microsoft’s (NASDAQ:MSFT) AI Ambitions Make it a Good Pick for the Long Haul
- Microsoft price target raised to $315 from $300 at Mizuho
- Sony says Xbox Game Pass ‘far ahead’ of PlayStation Plus, Verge reports
- Microsoft argues CMA’s calculations on Activision deal are flawed, Verge says
- Microsoft says 365 Copilot brings ‘next-generation AI’ to workplace productivity