They already concluded the process. But had to start a new one because MS made a new proposal too late to be wrapped into the first process.
Perhaps MS leaked the 13th to push the CMA to hurry the clearance.
They most certainly did. I just hope Microsoft learned to not have to go through this clown show again.
TBF itâs one of the largest M&A transactions in history and itâs in a rapidly changing global market.
Outside of defensive moves, what I hope MS does next is take on smaller targets that will barely register on a regulatorâs radar.
What MS should do on all future acquisitions is to setup an exclusivity deal before they go into the acquisition deal. This way any and all regulators concerns are irrelevant because the acquisition would not change the current business landscape.
To be fair, people are working with the assumption that the verge is correct and MS closes the deal on Friday. If they arenât, then just wait for Monday, Tuesday or even early Wednesday
Iâve got a feeling itâs not closing this week. Us Brits are slow to do things as we get paid more that way.
Why do a 10 minute job in 10 minutes when you can take it easy and take 60 mins and get paid 6 times more
.They only decided to sell the streaming rights⌠because the CMA told them that is what they could do after decided to renegotiate. If they would have told MS this before, they would have done it before.
Maybe Microsoft leaked the information to push for an early closing rather than wait till the 18th.
I donât believe the CMA proposed any remedies. Thatâs not their job. I do agree that MS would have proposed a working remedy had the CMA come to the table during phase 2 of the investigation.
CMA absolutely proposed remedies, Divest Activision, and if itâs not feasible, divest Activision-Blizzard, and if itâs not feasible divest Activision-Blizzard-King.
Whole thing was rather Kafkaesque, if not downright soviet.
At least the one good thing in all this waiting is that we are getting closer to guessing when the merger is closing correctly
They did propose remedies, and that is part of their job.
No - MS could have proposed this at any time. Indeed they should have developed such a remedy after phase 1. They arenât restricted in offering a remedy to satiate the CMA concerns. its not up to the CMA to tell MS what remedies they can or canât offer.
You can argue that MS thought the threat of ânot accepting behavioural remediesâ was an idle one but it isnât like many M&A experts didnât point out at the time that the CMA would hold fast on it.
The cloud SLC was a tiny footnote in the preliminary report. After the CMA itself dismissed the console SLC, it wasnât unreasonable to assume the proposed behavioral remedies would suffice, given the CMA did not give any feedback when listening to the remedies.
So tomorrow morning?
CMA about to do the funniest thing