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Reuters exclusively revealed that Microsoft is set to win EU nod on Activision with licensing offer

by ABCBANGLANEWS
March 11, 2023
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Business & FinanceDeals

March 02, 2023 at 6:52 pm. 1 minute

Reuters exclusively revealed that Microsoft’s offers of licensing deals with rivals are likely to address EU antitrust concerns over its $69 billion bid for Call of Duty maker Activision, potentially helping it to clear a major regulatory hurdle. Activision shares gained 1.8% in pre-market trading following the Reuters story.

Market impact

Activision shares, which jumped 1.8% in pre-market trading after the Reuters’ story was published, were up 2.6% in late trade at time of publication.

Article Tags

Topics of Interest: Business & FinanceDeals

Type: Reuters Best

Sectors: Business & Finance

Regions: Europe

Win Types: Exclusivity

Story Types: Exclusive / Scoop

Media Types: text

Customer Impact: Important Regional Story

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