FTC deepens probe into Microsoft-Activision deal with 2nd request
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The Federal Trade Commission has requested more information from Activision Blizzard (NASDAQ:ATVI) and Microsoft (NASDAQ:MSFT) about their proposed deal whereby Microsoft acquires Activision - opening an in-depth antitrust review of the deal.
That development was disclosed in a proxy filing for the acquisition filed by Activision Blizzard (ATVI).

Activision Blizzard has set a special meeting to vote on the deal for April 28.
"On March 3, 2022, Activision Blizzard and Microsoft each received a request for additional information and documentary material ... in connection with the FTC's review of the transaction," the company says.
That effectively extends the Hart-Scott-Rodino waiting period until the 30th day after substantial compliance by the two companies with the request, unless terminated earlier.
Activision Blizzard and Microsoft says they expect to complete the deal in Microsoft's fiscal year ending June 30, 2023.