A Temporary Restraining Order (TRO) is currently holding the deal at bay while court proceedings are underway, but the TRO is set to expire on Friday. The announcement of ABK's exit from the Stock Exchange comes fresh on the heels of the FTC filing an appeal of Judge Jacqueline Corley's refusal to issue a preliminary injunction to stop the acquisition from closing. Call of Duty MW2 and Warzone: Season 4 Reloaded These 8 Prime Day deals are so good we spent our own money on them This 3.0 Gbps Wi-Fi 6 mesh system just launched, and its already $60 off

Microsoft vs FTC: FTC to appeal Microsoft Activision decision

Activision Blizzard's removal from the Nasdaq-100 Index could be seen as the company preparing to close its deal to merge with Xbox. The move by ABK to leave the Stock Exchange could be in preparation to close the ABK deal should the FTC's appeal fail to grant an injunction.Īccording to a press release on GlobeNewswire, Nasdaq announced that The Trade Desk, Inc would be joining the Nasdaq-100 Index as a replacement for Activision Blizzard, Inc, with ABK set to be removed from the listing prior to the market opening on Monday, July 17.AInvest Wire shared on Twitter that Trade Desk will be replacing Activision ($ATVI) on the Nasdaq-100 on Monday July 17.An appeal of the decision has been filed by the FTC. The FTC in the US filed for a preliminary injunction to stop the acquisition from closing, but it was denied.The UK's CMA has been the only country to reject the acquisition.The deal has undergone significant legal scrutiny from regulatory bodies with 39 countries having approved the deal.Microsoft announced it would be acquiring Activision Blizzard King-the publishers behind gaming powerhouse franchises like Call of Duty, World of Warcraft, Diablo, and Candy Crush-in January of 2022.

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