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Microsoft's purchase of Activision Blizzard may have to be delayed a while longer

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While Microsoft and the UK CMA seem to want to work together to have the regulator reverse its earlier decision to block the purchase, it looks like the July 18th deal deadline will need an extension.
While it’s looking more likely that Microsoft will be able to close its planned acquisition of Activision Blizzard, the specific date of the deal to actually close is still in flux after today’s hearing of the UK’s Competition Appeal Tribunal (CAT).
The CAT held a case management conference today to rule on whether or not Microsoft’s current appeal of the UK Competition and Markets Authority’s decision to block the Activision Blizzard deal should be put on hold.

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