China Approves Microsoft’s Acquisition of Activision Blizzard
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What’s new: China’s State Administration for Market Regulation unconditionally approved Microsoft Corp.’s $69 billion acquisition of video game company Activision Blizzard, a Microsoft spokesperson confirmed Monday with Caixin.
The action brings the total of countries that have cleared the transaction to 37 with more than 2 billion people, Microsoft said. European Union regulators approved the deal May 17, conditional on full compliance with commitments offered by Microsoft.
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