-- The Federal Trade Commission has withdrawn its case against Microsoft's acquisition of Activision, Reuters reports.

-- The withdrawal comes a day after both parties agreed to extend the deadline of the merger until mid-October, which gives the companies more time to gain regulatory approval in the U.K.

 

Full article at https://www.reuters.com/markets/deals/us-ftc-withdraws-case-against-microsoft-activision-deal-before-internal-agency-2023-07-20/

 

Write to Sabela Ojea at sabela.ojea@wsj.com

 

(END) Dow Jones Newswires

July 20, 2023 19:19 ET (23:19 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.
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