Foreign media: Microsoft and Activision plan to sell some UK cloud game copyrights
On July 14th, according to Bloomberg News, insiders revealed that Microsoft and Activision Blizzard are considering giving up some control of their cloud gaming business in the UK to appease regulatory authorities, so that they can complete a $69 billion merger and acquisition deal before the July 18th deadline.The person familiar with the matter stated that this may involve selling some of its equity in the UK cloud gaming market to a telecommunications, gaming or internet computing company
On July 14th, according to Bloomberg News, insiders revealed that Microsoft and Activision Blizzard are considering giving up some control of their cloud gaming business in the UK to appease regulatory authorities, so that they can complete a $69 billion merger and acquisition deal before the July 18th deadline.
The person familiar with the matter stated that this may involve selling some of its equity in the UK cloud gaming market to a telecommunications, gaming or internet computing company. It is reported that a private equity company may also be interested in purchasing this portion of the equity.
Microsoft and Activision Blizzard still believe it is possible to complete the largest ever acquisition in the electronic gaming industry before the deadline. The transaction made important progress on Tuesday, and the US Federal Court rejected the injunction application of the Federal Trade Commission (FTC).
But yesterday, FTC appealed against the ruling, hoping that a judge of the List of courts of the United States would prohibit Microsoft from completing the transaction during its appeal. This has increased the difficulty for Microsoft and Activision Blizzard to complete the transaction.
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