Microsoft-Activision Deal Temporarily Blocked by Judge
- FTC sought emergency motion to halt deal amid in-house trial
- Hearing on longer pause to take place June 22-23 in California
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Microsoft Corp.’s $69 billion acquisition of Activision Blizzard Inc. was temporarily blocked by a federal judge in California who said a temporary restraining order was necessary to maintain the status quo while the Federal Trade Commission challenges the deal.
The FTC, which sought to block the deal in its in-house court, filed an emergency motion to halt the merger on Monday.