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Wednesday, November 23, 2022 6:18:02 PM
By: Investing.com | November 23, 2022
(Reuters) - The U.S. Federal Trade Commission (FTC) is likely to file an antitrust lawsuit to block Microsoft Corp (NASDAQ:MSFT)'s $69 billion takeover bid for video game publisher Activision Blizzard Inc (NASDAQ:ATVI), Politico reported on Wednesday, citing three people with knowledge of the matter.
The FTC, Microsoft and Activision did not immediately respond to requests for comment from Reuters.
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