The opposite half was its pursuit of a brief restraining order and preliminary injunction that will have stopped Microsoft closing its deal whereas the FTC’s administrative course of continued. A US federal choose denied the injunction request earlier this month, and an appeals court docket additionally turned down its request to place an emergency maintain on the deal. The FTC remains to be interesting the preliminary injunction denial, although.
Microsoft and Activision Blizzard nonetheless haven’t accomplished the acquisition but, and not too long ago introduced an extension of their mutually-agreed deadline till October 18th. The FTC may re-file this administrative problem, all whereas Microsoft continues to barter with the UK’s CMA. As we famous earlier this week, there are indicators issues might not take that lengthy — Xbox head Phil Spencer informed staff the 2 firms “stay optimistic that we’ll get our acquisition over the end line.”
