case, told the judge Monday he was grateful the process is moving quickly because “the U.K.

15, it will increase to $4.5 billion.ĭaniel Beard, an attorney representing Microsoft in the U.K.

That termination fee has been increased to $3.5 billion with the extension. Both Microsoft and Activision had agreed that either party could walk away from the planned merger if it hadn’t closed by then, triggering Microsoft to potentially have to pay a $3 billion breakup fee unless both sides decided to renegotiate. Tuesday marked an important deadline for the deal announced 18 months earlier. The extension comes with a bigger termination fee, should the deal be called off, and a number of other new agreements. “We are confident about our prospects for getting this deal across the finish line,” Smith said. 18 will provide enough time to work through the remaining regulatory issues, said Brad Smith, the company’s president. Microsoft believes that pushing back the deadline to Oct. The deadline for Microsoft’s $69 billion acquisition of video game company Activision Blizzard has been extended as the companies seek to close a deal that has been challenged by regulators in the U.S., as well as by the U.K.’s Competition and Markets Authority.

Call of duty world war 2 mega bloks