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home / news releases / MSFT - Microsoft offers to make small divestiture to meet UK objections on Activision - CNBC

MSFT - Microsoft offers to make small divestiture to meet UK objections on Activision - CNBC

Microsoft Corporation

2023-07-11 13:11:34 ET

  • Microsoft ( NASDAQ: MSFT ) is offering to make a small divestiture to meet the objections of the UK's antitrust regulator to its planned $69 billion Activision ( NASDAQ: ATVI ) deal.
  • Microsoft is offering a "discrete, small" divestiture to the UK's Competition and Markets Authority that it believes the regulator will accept, according to CNBC's David Faber, who cited sources.
  • Activision ( ATVI ) rose 11% to ~$92, nearing its $95/share takeover price for Activision ( ATVI ).
  • Developing story ...

For further details see:

Microsoft offers to make small divestiture to meet UK objections on Activision - CNBC
Stock Information
Company Name: Microsoft Corporation
Stock Symbol: MSFT
Market: NASDAQ
Website: microsoft.com
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