M&A
Microsoft and Activision willing to dilute shares to push $69 bn merger through
The deal had been vetoed in the UK in May but it has been cleared to proceed by a court in the US
Microsoft Corp. and Activision Blizzard are considering giving up some control of their cloud-gaming business in the UK as a way to appease regulators so they can complete their $69 billion merger by the July 18 deadline, according to people familiar with the matter.
That could involve selling off the cloud-based market rights for games in the UK to a telecommunications, gaming or internet-based computing company, said the people, who asked not to be identified ...
