Microsoft Clear to Close $75 Billion Buy of Activision Blizzard, Judge Rule

WSJ What’s News

The Wall Street Journal

News, Daily News

4.1 • 4.2K Ratings

🗓️ 11 July 2023

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

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Summary

P.M. Edition for July 11. A federal judge has ruled that Microsoft can close its $75 billion deal to buy videogame publisher Activision Blizzard, clearing a major hurdle in the U.S. Tech reporter Sarah Needleman has more on what’s next. Plus, NATO agrees to pull Ukraine closer, but fails to offer a timeline for membership, disappointing Kyiv. National security reporter Vivian Salama reports from the NATO summit in Lithuania. Annmarie Fertoli hosts. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	As a city national client, you get a dedicated team of banking professionals working alongside
0:06.5	you.
0:07.5	From a relationship manager who works with you on everyday business needs, to a business
0:11.4	banker who drives your goals into the future.
0:14.4	Come in to meet your team at City National Bank.
0:17.1	See what personal can do for you at CNB.com.
0:20.3	A US judge sides with Microsoft ruling it can close its $75 billion deal with Activision.
0:36.4	And NATO says it will pull Ukraine closer but fails to offer a timeline for membership.
0:41.6	Many of the allies were split about what the future looks like for Ukrainian membership
0:46.7	and that includes the US which was really in the no campus far as believing that now
0:52.7	is not the time to admit Ukraine into NATO.
0:56.4	Plus why Tesla launched an internal probe into a glass house for Elon Musk.
1:02.2	It's Tuesday, July 11th.
1:03.7	I'm Amary for Tolly for the Wall Street Journal.
1:06.1	This is the PM edition of What's News, the top headlines and business stories that move
1:10.5	the world today.
1:17.7	A federal judge has ruled that Microsoft can close its $75 billion acquisition of
1:23.8	video game publisher Activision Blizzard, the company behind Call of Duty and World of
1:28.3	Warcraft, removing a key US obstacle to completing the tie-up.
1:32.7	Here now to explain is Wall Street Journal tech reporter Sarah Needleman.
1:36.8	Sarah the Federal Trade Commission had challenged this merger.
1:40.1	What does today's ruling mean for the FTC?
	...

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