Microsoft and UK regulators want more time to work on $69 billion Activision deal

On Monday, Microsoft and British regulators requested additional time from a court as the tech giant took advantage of a rare second opportunity to address objections to its $69 billion acquisition bid for video game maker Activision Blizzard.

Legal representatives from Microsoft and the Competition and Markets Authority (CMA) presented their arguments to a judge, seeking a postponement of the scheduled hearing following the CMA’s initial rejection of the deal and Microsoft’s subsequent appeal, the Associated Press has reported.

Subsequently, the regulator granted Microsoft an extension to present its case for the high-profile purchase of the popular game developer, known for the Call of Duty franchise.

READ MORE: https://apnews.com/article/microsoft-activision-uk-competition-3f8b69857bc5b92c3b1492d7c71c47d7

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