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Microsoft and Activision Push Back $69B Merger Deadline Awaiting Regulatory Approvals

  • Deadline for Microsoft and Activision’s merger extended until Oct. 18 due to regulatory delays.
  • Microsoft could’ve faced a $3B breakup fee to Activision Blizzard had it not extended the deal.
  • If the transaction is terminated, the breakup fee could escalate up to $4.5B by Sept. 15.
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