The Federal Trade Commission wants more information from Microsoft Corp. and Activision Blizzard as it reviews the companies' $68.7 billion proposed merger, the World of Warcraft creator said in a U.S. Securities and Exchange Commission filing Monday.
Microsoft's colossal $68.7 billion deal to buy Activision Blizzard is sure to receive heavy scrutiny from U.S. antitrust and competition regulators, but experts say the transaction is unlikely to be blocked because it doesn't contain obvious anti-competitive implications.
Microsoft, advised by Simpson Thacher, has agreed to buy video game giant Activision Blizzard, represented by Skadden, in an agreement that's valued at about $68.7 billion and stands to create the third-largest gaming company in the world by revenue, the companies said Tuesday.
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