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you’re able to find the letter enclosed below, followed by our original article.
“I want to share a positive development in our merger progress.
In December, the U.S. Federal Trade Commission (FTC) launched an unsupportable effort to challenge the merger.
Today it announced its intention to move the case to federal court.
This is a welcome update and one that accelerates the legal process.
The facts are on our side, and we will continue to keep you updated throughout the process.
As Ive said before, we’re in a strong position because of your dedication and hard work.
I take deep pride in our continued success, and I hope you do as well.
Thank you for your hard work and excellence.”
Update June 12, 2023 at 2:30 p.m. PT / 5:30 p.m.
Currently, there’s an evidentiary hearingscheduledfor August 2.
“We welcome the opportunity to present our case in federal court, Smith said.
We believe accelerating the legal process in the US will ultimately bring more choice and competition to the market.
Our original story is below.
According to the report, Microsoft is actually welcoming the injunction, as it does expedite the process.
So, what does this mean?
The Microsoft and Activision Blizzard deal is still trapped in a never-ending in-between state of life and death.
This would also likely mean a huge boon for bothXbox Game PassandXbox Cloud Gaming.
