UK regulator extends deadline for Microsoft-Activision final order until Aug. 29
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 The UK's antitrust regulator extended a deadline for a final order on Microsoft's (NASDAQ:MSFT) planned $69 billion acquisition of Activision (NASDAQ:ATVI) until August 29. 
The UK's Competition and Markets Authority issued its initial order to block the videogame megadeal on April 26 and had a deadline of July 18 to issue its final report on the deal. 
The CMA is delaying the final order after it received a "detailed and complex" submission from Microsoft (MSFT) that claimed there were material changes in circumstances, according to a filing from the UK regulator on Friday. The CMA said that it still "aims to discharge its duty as soon as possible and in advance" of the Aug. 29 date. 
The update comes after the CMA said on Wednesday that it "stands ready" to consider any proposals from Microsoft to restructure its deal in a way that assuages its concerns.
The latest news also comes after Bloomberg reported on Thursday that Microsoft (MSFT) and Activision (ATVI) are evaluating selling some of their cloud-gaming rights in the UK in order to appease the UK regulator. Activision (ATVI) shares rose 1.9% in premarket trading.
A potential resolution may involve selling off the cloud-based market rights for videogames in the UK to a telecom, gaming, or internet-based computing firm, according to the report. Both Activision (ATVI) and Microsoft (MSFT) believe it's still possible that the $69 billion deal could close by the Tuesday termination deadline, Bloomberg added. 
More on the Microsoft/Activision deal

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Microsoft offers to make small divestiture to meet UK objections on Activision - CNBC