April 25, 2024

Microsoft: FTC Blocking Activision-Blizzard Acquisition Would Violate Constitution

Stephen Brashear /Getty Microsoft has accused the Federal Trade Commission (FTC) of violating its fifth amendment rights to due process by blocking its attempted acquisition of Activision-Blizzard, one of the worldā€™s largest game development and publishing companies. Activision-Blizzard is itself the result of a merger between two highly successful companies, Activision (publishers of theĀ Call of

Amazon Gobbles Up MGM in $8.45 Billion Acquisition; Takes Over James Bond, ‘Rocky’ Movies

Amazon is officially acquiring the legendary Hollywood studio MGM in a blockbuster billion deal that will boost the Silicon Valley giantā€™s already sizable presence in Hollywood and give a competitive edge to its Prime Video streaming service. In an announcement Wednesday morning, Amazon and MGM said they have entered into a definitive merger agreement under…

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