-
Activision, bid, Blizzard, blocked, Business, buy, game, maker, Microsoft, News, respond, video, vows
Microsoft blocked in bid to buy video game maker Activision Blizzard – but vows to respond | Business News
admin
The British competition watchdog has blocked Microsoft’s bid to buy video game maker Activision Blizzard. The Competition and Markets Authority (CMA) stopped the $68.7bn (£55bn) deal due to concerns that it would stifle competition in the cloud gaming market. It would have been the record highest price ever paid by a US tech company in […]
-
Business, buy, company, Elon, halted, media, Musk, News, offer, original, plans, price, shares, social, Trading, Twitter
Trading in Twitter shares halted as Elon Musk ‘plans to buy social media company for original offer price’ | Business News
admin
Trading in Twitter shares was halted as the stock spiked following reports that Elon Musk is planning to buy the company for his original offer price. The world’s richest man is proposing to go ahead with purchasing the social media giant for $54.20 per share, a total purchase value of $44bn following months of legal […]
-
Setback for Microsoft’s £59bn plan to buy video game company Activision Blizzard | Business News
admin
Microsoft’s acquisition of Activision Blizzard could reduce competition and requires further investigation, the UK’s watchdog has said. The $68.7bn (£59.4bn) takeover was announced in January, and would make Xbox-maker Microsoft a more powerful rival to Sony and Nintendo. But the Competition and Markets Authority said the deal could restrict competitors’ access to Activision Blizzard games […]