Thatās a painfully bad article.
Edit: no throwing shade at you man, just that the author of the article makes some really bad claims.
The green light from the Federal Trade Commission for Microsoftās acquisition of Activision Blizzard could come next month. A few hours ago the Redmond giant confirmed that it had responded to the second request for sending documentation by the FTC and now the US government agency has 30 days to request further information, otherwise it will have to automatically approve the operation.
Uhmm didnt the original source said that they already entered that stage āseveral weeks agoā? So if Iām understand it things correctly we could be waiting for just a couple of weeks to see something from it (again, if Iām understand it correctly :p) Even then, this part is not true:
Consequently, the agreement between Microsoft and Activision Blizzard could materialize as early as August.`
We know we have to wait until September to hear what UKās cma āthinksā about the deal. We may be nearing the end of the āUS FTC chapterā though. Hope to ear something soon from EU.
Yeah, thatās a bad article.
Things are moving pretty fast, specially compared to the expected date which MS gave us (end of fiscal 2023)
I think there will be more to this deal then just approval from the government institutions
The shear amount of money involved and large amount of IPs and HR documentation would take its own time to get finalised
Still expecting Nov closure date but August is too quick
Microsoft provided the timeframe between July 2022 and July 2023. I am not sure why people think (a lot of them) that the deal suppose to close at the end of 2023 fiscal year.
Everyone talks about Blizzard for PC Gamepass and that will be a big deal. However I think everyone is sleeping on how much of the Serria Games will play a big part in expanding that catalog.
Iād go as far as too say that Serria as a brand should be revived too focus on point and click adventure games and narrative games not unlike life is strange, as dusk falls, and The Quarry.
Wether itās older Serria IP like Kingās Quest , new IP, or using other ABK or MS Gaming IP.
Sierra.
ACTI BACK ON STEAM!! MAN DIABLO 4 IS GOING TO BE HUUUUUGEEEEE.
I wonder if Blizzard will have its separate page.
Will be interesting to see what MS will do once the acquisition is done. Imagine WOW on steam!
And what will they do with battlenet.
Blizzard on Steam will be a first
I donāt think it would change much to be honest as most of MMOs are not in Steam anyway.
True
Also true
Oh yes you are totally right my friend! Was doing some investigation (
) and found the following in their official website:
Step Four: Parties Substantially Comply with the Second Requests
Typically, once both companies have substantially complied with the Second Request, the agency has an additional 30 days to review the materials and take action, if necessary. (In the case of a cash tender offer or bankruptcy, the agency has 10 days to complete its review and the time begins to run as soon as the buyer has substantially complied.) The length of time for this phase of review may be extended by agreement between the parties and the government in an effort to resolve any remaining issues without litigation.
Step Five: The Waiting Period Expires or the Agency Challenges the Deal
The potential outcomes at this stage are:
- close the investigation and let the deal go forward unchallenged;
- enter into a negotiated consent agreement with the companies that includes provisions that will restore competition; or
- seek to stop the entire transaction by filing for a preliminary injunction in federal court pending an administrative trial on the merits.
Unless the agency takes some action that results in a court order stopping the merger, the parties can close their deal at the end of the waiting period.
As @hexbacon noted, in the original article of Seaking Alphaās source it is stated that MS already submitted the info a several weeks ago, which could mean the already entered phase 4 wellā¦several weeks ago (:V) and it could just be a matter of a couple of weeks more to see/hear from the FTC (if Iām understanding things correctly)
Microsoft ([MSFT] certified substantial compliance with the FTC in regards to ATVI several weeks ago, according to a Dealreporter item, which cited sources familiar.
Letās go!!
That isā¦ shocking. Wonder what that means for the future of Battlenet
More than 1 million player on day 1 of release it gone to be massive
One thing to add is that the FTC doesnāt publicly disclose cases. There wonāt be a link to a document stating the reason why the FTC didnāt dispute this transaction. Instead we will more likely get one of the parties involved mention that FTC didnāt asked or dispute the transaction.
Any headline to any article stating that the āFTC Approved MS-ATVIā deal is wrong and misinformation. We will for sure get a public notification from the EU and maybe other regulatory bodies across the globe.
Oh! No wonder there was no document after Bethesda deal. Well, then we will only be able to read EU conclusion.