Why is Activision Blizzard stock down today? Concerns UK may oppose Microsoft deal

Update 8pm: Add Microsoft comment to NYT on UK antitrust review.Activision Blizzard (NASDAQ:ATVI) 5% off on a report that Microsoft (NASDAQ:MSFT) hopes the UK’s antitrust authority can object to their $69 billion super video game.

by Microsoft (MSFT) legal team

The NYT updated its story later on Monday to include Microsoft (MSFT) said they believe they have a solid case in the UK and that it was not “determined”, nor advised by their lawyers that the merger would be blocked.

Earlier this month, the UK’s antitrust watchdog reviewed the transactionWOMEN extended until the end of April from the beginning of March. The UK’s CMA in September confirmed it was A closer look at the Activision agreement after Microsoft failed to address concerns about potential anticompetitive effects.

After closing on Monday, Activision (ATVI) alarm Q4 on adj. EPS and net bookings. activated up 0.7% IN after-hours trading.

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