The Redmond company is forced to postpone the purchase limit until October.
After a few days of speculation on the final result, it’s official. Microsoft and Activision have agreed to extend the merger agreement through October 18, 2023.
Brad Smith, President of Microsoftindicated that this new term is designed to “provide sufficient time to work on final regulatory issues.” However, the agreement was adjusted, with a $3.5 billion highest termination feein the event Microsoft or Activision exits the agreement.
Despite many fans and pundits speculating that Microsoft made the deal this week, that ultimately couldn’t be the case. SO, We will have to wait a little longer until this whole legal matter is resolved.
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