Microsoft To Offer Concessions For Activision Deal To EU, Report Says [CNET News]
Activision Blizzard, Inc (ATVI)
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Source: CNET News
Microsoft is preparing to offer concessions to European Union regulators in an effort to get approval for its $68.7 billion deal for Call of Duty maker Activision Blizzard, a report from Reuters said Monday, citing anonymous sources. The deal, , is the largest ever for the software maker and also within the video game industry. Microsoft, which also makes the Xbox video game console, has been speaking with regulators around the world in an effort to gain approval for the deal. Microsoft's willingness to offer concessions, which Reuters didn't outline in its story, comes days after Politico reported that the US Federal Trade Commission is "likely" to fighting the deal as well.
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