ATVI - Activision dips as FTC has votes to sue to block Microsoft's acquisition
- Activision Blizzard stock ( NASDAQ: ATVI ) is seeing some volatility and is 2.4% lower on reports that the Federal Trade Commission has filed suit to block Microsoft's ( NASDAQ: MSFT ) $69B acquisition of the videogame publisher.
- The commission voted to go forward with a lawsuit after a few hours of meeting, according to media reports, despite a full-court press by Microsoft in recent days to try to fend off such an effort.
- Developing story ....
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Activision dips as FTC has votes to sue to block Microsoft's acquisition