Sources: EU to Approve Microsoft’s $69 Billion Activision Deal on May 15

[Tsing]

EU antitrust regulators are planning to approve Microsoft's $69 billion acquisition of Activision next week, with May 15 as the likeliest date, according to sources with Reuters. The news comes just 14 days after the CMA announced that it would be blocking Microsoft's proposed deal, defending its decision in a press release that suggested the acquisition, if allowed to pass, would threaten the future of the cloud gaming market. Bloomberg has corroborated Reuters' report in an article titled "Microsoft’s $69 Billion Deal Set for EU Nod," which notes that Microsoft still has a big hurdle to contend with in the form of the FTC.

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