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Activision stock drops after report says watchdog will try to block $69 billion Microsoft deal

12 days ago   |   By Business Insider

Activision shares fell after Wednesday's closing bell after a report said the FTC is likely to file an antitrust lawsuit to block Microsoft's takeover deal. Reuters
Activision shares fell 4% in after-hours trading Wednesday.
The Federal Trade Commission is weighing up filing an antitrust lawsuit to block Microsoft's acquisition of the company, according to Politico.
Microsoft agreed to buy Activision for $69 billion in January.
Activision Blizzard shares fell in after-hours trading Wednesday after a report suggested regulators will try to block Microsoft 's $69 billion deal to buy the...
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