Judge in FTC suit to block Activision deal could rule as soon as next week (update)
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Update 5:25pm: Adds Microsoft CEO comment. 
The judge who is presiding over the Federal Trade Commission's attempt to to block Microsoft's (NASDAQ:MSFT) $69 billion acquisition of Activision (NASDAQ:ATVI) could rule as soon as next week.
The judge has called for findings of fact by June 30 leading some to believe that U.S District Judge Jacqueline S. Corley could rule in the case as soon as next week, CNBC's David Faber said on Wednesday. Thursday is the final day of the scheduled 5-day trial.
On Wednesday Microsoft (MSFT) CEO Satya Nadella and Activision (ATVI) CEO Bobby Kotick testified at the trial.
"It makes no economic sense and no strategic sense," to withhold Activision (ATVI) content from Sony's (SONY) PlayStation console, Nadella said at the hearing. We "want to get our content on more platforms and become a fantastic first class publisher."
"I would love to get rid of the exclusives on consoles, but that's not for me to define," Nadella also said at the hearing. "I have no love for that world."
The FTC earlier this month filed for a preliminary injunction to block the $69 billion acquisition of videogame behemoth Activision (ATVI), saying that the regulator feared Microsoft (MSFT) may try to close the purchase even though the FTC had originally challenged it in December.
The timing of the judge's ruling is important as the Activision/Microsoft deal has a termination deadline of July 18, after which the parties can walk away, extend, or renegotiate the deal.
While the FTC trial is important, M&A investors are also keenly focused on the appeals court in the UK, where the country's antitrust regulator blocked the deal earlier this year. A UK appeals court is set to hear the appeal next month.
There have been reports that Microsoft (MSFT) may be evaluating ways to close the deal despite the block from the UK's antitrust authority. CNBC's Faber appeared to downplay that possibility in his comments on Wednesday.
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