Microsoft appeals UK decision to block Activision acquisition -
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Microsoft (NASDAQ:MSFT) formally filed its appeal to the UK antitrust regulator's decision to block its planned $69 billion acquisition of Activision.
Microsoft filed its appeal at the Competition Appeal Tribunal on Wednesday, a Microsoft representative confirmed. Wednesday was the deadline for the company to make the appeal.
The appeal comes after the UK antitrust regulator sued late last month to block the deal, citing concerns about cloud gaming. The U.S. Federal Trade Commission also sued to block the $95 a share deal for Activision in December, with a trial scheduled to start in August.
Activision (NASDAQ:ATVI) CEO Bobby Kotick said late last month that the UK antitrust regulator's decision to block the videogame giant's sale to Microsoft (MSFT) was a "flawed ruling in every respect."
Last Monday, the planned $69 billion videogame megadeal received antitrust approval from European regulators.More on Activision/Microsoft
More on Activision/Microsoft

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