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Will Microsoft be able to close $69bn deal for Activision Blizzard?

Appeal by competition watchdog in US is latest twist in complex saga involving trio of regulators

The US competition watchdog is appealing against a ruling that has said Microsoft could push ahead with its $69bn (£53bn) acquisition of the Call of Duty creator Activision Blizzard to create a video gaming powerhouse.

Confirmation of the appeal is the latest twist in a complex regulatory saga that involves a trio of powerful regulators scrutinising Microsoft’s biggest-ever takeover – with differing outcomes.

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