There has been an awful lot of talk about whether Microsoft should be allowed to buy Activision Blizzard or not, where mainly Sony has argued as much as they can to try to stop the deal. But on Wednesday, the British CMA is expected to issue its statement, and according to the investment firm Wedbush analysts, it will go through (something even the Financial Times believes):
“We expect the CMA to approve the transaction in return for Microsoft committing to certain behavioral remedies that help to govern its practices around cloud gaming.”
And after the UK’s competition authority approves the takeover, the EU will do the same and eventually the US. By this, they mean that the deal will be completed within the time frame Microsoft set for themselves when they announced their intention to buy Activision Blizzard in January of last year. Wedbush writes:
“Once the UK and EU have approved the transaction, we expect the Federal Trade Commission in the US to follow suit. We remain confident that the deal will get completed on time, within Microsoft’s fiscal year ending June 30, 2023.”
What do you think yourself, will Sony succeed in stopping the deal or will it go through as planned?
Tack Proactive Investors
