- Microsoft wins court approval to proceed with its $69 billion deal to buy Activision Blizzard.
- The US Federal Trade Commission's effort to block the deal is defeated.
- Microsoft aims to expand its presence in mobile gaming through the acquisition.
- Activision owns King, the maker of Candy Crush.
- The merger will make Microsoft the third-largest global video-game company.
Microsoft Wins US Court Nod to Buy Activision in FTC Loss
Microsoft Corp. won a court’s okay to move forward with its $69 billion deal to buy Activision Blizzard Inc., defeating an effort by the US Federal Trade Commission to block the largest ever gaming deal.
Malathi Nayak
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