Microsoft prepared to fight for Activision acquisition, Bloomberg reports

Microsoft (MSFT) is prepared to fight for its proposed $69B takeover of Activision Blizzard (ATVI) if the U.S. FTC files a lawsuit aiming to block the transaction, Bloomberg’s Dina Bass and Katharine Gemmell report, citing a person familiar with the matter. Microsoft has not had talks with the FTC about remedies or concessions meant to get the deal approved, the authors note. The FTC is wrapping up its probe into the deal and is anticipated to make a recommendation soon, the authors say.