Sources:FTC to file injunction to block Microsoft's Activision deal

  • Microsoft shares are trading up $0.85 on the day

The UK has already blocked the deal. The European Commission has approved the deal.

This is not a surprise given the Biden administration's tone toward mergers.

Microsoft shares are trading up $0.86 or 0.26% $327.63. Activision Blizzard shares are down -$0.11 or -0.14% $80.27

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