Mergers & Acquisitions Mergers & Acquisitions

Microsoft-Activision deal can close in US as appeals court rejects FTC’s stay request

Microsoft’s $69 billion acquisition of Activision Blizzard won’t face a stay from a US federal appeals court. 
The court’s decision not to issue an emergency stay on the deal's closing while it ponders an appeal of a preliminary injunction ruling now leaves the FTC unable to block the transaction once

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Michael Acton

Senior Correspondent

Michael is a senior correspondent for MLex in San Francisco, where he moved in 2020 after working in our Brussels bureau. Before joining MLex, he reported on EU politics as the Financial Times’ Nico Colchester Fellow in Brussels. Michael has a degree in International Relations and Politics from the University of Cambridge, and a degree in History and French from University College London and Paris IV Sorbonne.

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