A major milestone: Update on the Microsoft deal
A federal court denied the FTC's request to block the Microsoft deal. "We’re optimistic that today’s ruling signals a path to full regulatory approval," Activision Blizzard CEO Bobby Kotick writes.
Activision Blizzard CEO Bobby Kotick sent the following email to employees on Tuesday:
Today a U.S. federal judge ruled in our favor, denying the Federal Trade Commission’s attempt to block our merger with Microsoft.
We’re grateful to the court for the way this process was handled and the thoughtfulness of the decision. The U.S. joins the 38 countries where our deal can proceed—these decisions are based on facts and data that show our merger is good for players and for competition in the industry.
We’re optimistic that today’s ruling signals a path to full regulatory approval elsewhere around the globe, and we stand ready to work with UK regulators to address any remaining concerns so our merger can quickly close.
We’ll continue to keep you updated on our progress. Thank you for all you do for our players, for our company, and for each other.
Subscribe for more news and stories from Activision Blizzard King.
Regulators in Europe approve the Microsoft deal (May 15, 2023)
We’ll keep pressing our case for a Microsoft deal (April 26, 2023)
A March update on the Microsoft deal (March 28, 2023)
A February update on the Microsoft deal (February 8, 2023)
A December update on the Microsoft deal (December 8, 2022)
Defining the future: Announcing a merger with Microsoft (January 18, 2022)