Microsoft wins bid against FTC injunction to buy Activision Blizzard
For the time being, it seems Microsoft is well on its way to completing its acquisition of Activision Blizzard thanks to a ruling from a judge today against the Federal Trade Commission’s request for a preliminary injunction on the deal.
Judge Jacqueline Scott Corley made the ruling, according to a report by Tom Warren for The Verge, siding with the Xbox owner over the FTC. While not completely sealing the deal for Microsoft, as it still has a few more hurdles to cross, this legal battle was its most significant since it threatened to delay the deal past the July 18 deadline in the original proposal between Microsoft and Activision Blizzard.