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Microsoft to defend Activision takeover to EU next week, Reuters says

A Microsoft (MSFT) spokesperson told Reuters’ Foo Yun Chee that the company will make a last-ditch effort to defend its proposed takeover of Activision Blizzard (ATVI) in front of EU and national antitrust officials at a closed hearing on February 21. The Xbox maker requested a hearing after receiving a statement of objections from the EU warning about the potential anti-competitive impacts of the transaction, the author says. The company is expected to offer remedies following the hearing, the author notes. Reference Link

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