ATVI - Activision tumbles as UK blocks Microsoft deal on competition concerns
2023-04-26 07:20:11 ET
Activision ( NASDAQ: ATVI ) shares plunged more than 5% in pre-market trading on Wednesday after the U.K.'s regulator blocked Microsoft's ( NASDAQ: MSFT ) proposed deal to buy the video game publisher for almost $69B, citing concerns about cloud gaming.
For further details see:
Activision tumbles as UK blocks Microsoft deal on competition concerns