{"id":36050,"date":"2023-07-15T10:18:24","date_gmt":"2023-07-15T14:18:24","guid":{"rendered":"https:\/\/ifintechworld.com\/investing\/federal-appeals-court-denies-ftc-bid-to-pause-microsoft-activision-deal\/"},"modified":"2023-07-15T10:18:26","modified_gmt":"2023-07-15T14:18:26","slug":"federal-appeals-court-denies-ftc-bid-to-pause-microsoft-activision-deal","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=36050","title":{"rendered":"Federal appeals court denies FTC bid to pause Microsoft-Activision deal"},"content":{"rendered":"
\n

A federal appeals court late Friday denied the Federal Trade Commission\u2019s bid to temporarily block Microsoft Corp.\u2019s
\n MSFT,
\n +0.75%<\/bg-quote>
\n $68.7 billion acquisition of videogame publisher Activision Blizzard Inc.
\n ATVI,
\n +0.59%<\/bg-quote>,<\/span>
\n clearing the path for the biggest gaming deal in the U.S. The 9th Circuit U.S. Court of Appeals ruling means only U.K. regulators can stop the closing of the deal before a July 18 deadline. On Tuesday, a federal judge in San Francisco ruled against the FTC, which sued to block the deal in December, prompting the FTC\u2019s appeal on Wednesday. \u201cWe appreciate the Ninth Circuit\u2019s swift response denying the FTC\u2019s motion to further delay the deal. This brings us another step closer to the finish line in this marathon of global regulatory reviews,\u201d Microsoft President Brad Smith said in a statement. The FTC was not immediately available for comment.<\/p>\n<\/div>\n

Read the full article here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

A federal appeals court late Friday denied the Federal Trade Commission\u2019s bid to temporarily block Microsoft Corp.\u2019s MSFT, +0.75% $68.7 billion acquisition of videogame publisher Activision Blizzard Inc. ATVI, +0.59%, clearing the path for the biggest gaming deal in the U.S. The 9th Circuit U.S. Court of Appeals ruling means only U.K. regulators can stop […]<\/p>\n","protected":false},"author":1,"featured_media":1383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"video","meta":{"footnotes":""},"categories":[239],"tags":[83],"class_list":["post-36050","post","type-post","status-publish","format-video","has-post-thumbnail","hentry","category-investing","tag-featured","post_format-post-format-video"],"yoast_head":"\nFederal appeals court denies FTC bid to pause Microsoft-Activision deal | iFintechWorld<\/title>\n<meta name=\"description\" content=\"A federal appeals court late Friday denied the Federal Trade Commission\u2019s bid to temporarily block Microsoft Corp.\u2019s MSFT, +0.75% $68.7 billion\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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