Activision stock is rising Thursday after a report said Microsoft could get European Union approval to buy the publisher of Call of Duty and other games. Read More...
Reuters
Microsoft’s licensing offer likely to satisfy EU on Activision, sources say
BRUSSELS (Reuters) -Microsoft’s offer of licensing deals to rivals is likely to address EU antitrust concerns over its $69 billion acquisition of Activision, three people familiar with the matter said, helping it to clear a major hurdle. Microsoft announced the Activision bid in January last year, its biggest ever, to take on leaders Tencent and Sony, in the booming videogaming market and to venture in the metaverse which is virtual online worlds where people can work, play and socialise. The European Commission, which is scheduled to decide on the deal by April 25, is not expected to demand that Microsoft sell assets to win its approval, the people said.
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