ATVI - Activision ticks higher on report EU regulators won't demand Microsoft sell assets
- Activision ( NASDAQ: ATVI ) rose 1.8% in premarket trading on a report that European antitrust regulators won't demand that Microsoft ( NASDAQ: MSFT ) sell off assets to win approval for its purchase of the videogame giant.
- Activision ( ATVI ) is likely to appease the European Union regulators with licensing deals, according to a Reuters report, which cited people familiar.
- Earlier Thursday Bloomberg reported that Microsoft met with the UK antitrust regulators to discuss proposals to allow the deal to go through. Lawyers for Microsoft ( MSFT ) met with the Competition and Markets Authority on Wednesday to discuss the provisional findings and see if proposed remedies would be feasible
- Developing story ...
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Activision ticks higher on report EU regulators won't demand Microsoft sell assets