Microsoft, Activision Blizzard merger delayed amid UK concerns
The Microsoft acquisition of Activision Blizzard is still not officially completed as both companies have agreed to “extend the merger agreement,” or delay the acquisition, until October at the latest so that negotiations can continue with U.K. regulatory bodies. But both companies are eyeing a much sooner date for the deal to be closed.
Both parties now have until Oct. 18 to finalize the transaction or else it will be terminated, according to a report from The Verge’s Tom Warren. Both companies, though, are confident that the U.K.’s Competition and Markets Authority (CMA) will allow remedies that meet the body’s concerns.