Microsoft’s Activision Blizzard acquisition attempt revived as firms submits new deal UK regulator

Tech giant says it will give Activision game right to Unisoft to dispel competition concerns

Microfost: Firm rose about 1.3 per cent in premarket trading before New York exchanges opened on Tuesday and Activision gained 1.1 per cent. Picture: Getty

Microsoft’s $69 billion Activision Blizzard acquisition got a new chance at winning approval from UK regulators after the tech giant submitted a substantially different deal to the country’s antitrust watchdog.

In a rare move, the British Competition and Markets Authority will open a new deal probe after Microsoft said it would give Ubisoft Entertainment, a French video game publisher, rights to distribute Activision games, potentially easing concerns over its dominance in the cloud gaming market, ...