Microsoft wins FTC appeal challenging $69 bln Activision Blizzard deal
1. The court upheld Microsoft's $69 billion Activision Blizzard acquisition. 2. This decision reduces regulatory hurdles for Microsoft's gaming expansion.
FAQ
Why Bullish?
The successful acquisition of Activision Blizzard can enhance Microsoft's gaming portfolio and market share, similar to how their LinkedIn acquisition positively influenced growth.
How important is it?
This court ruling is crucial for Microsoft's growth strategy in gaming, showing strong market confidence and future revenue growth potential.
Why Long Term?
The integration of Activision Blizzard's offerings will bolster Microsoft's gaming strategy over several years, enhancing revenue potential beyond immediate market reactions.