Microsoft-Activision deal moves closer as FTC’s latest block effort is denied
A US court has denied the Federal Trade Commission’s (FTC) request to further halt Microsoft‘s acquisition of Activision Blizzard, paving the way for the deal to close. Earlier this week theXboxfirmwon a court battlewith the FTC, which is seeking to block the deal over antitrust concerns. An existing temporary restraining order on the deal ends just before midnight on Friday, but the FTCfiled an emergency motionto the Ninth Circuit Court of Appeals asking for a “temporary pause” onMicrosoft’s closing of the transaction....