Microsoft, Activision extend merger deadline ...Middle East

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Microsoft, Activision extend merger deadline
Microsoft and Activision Blizzard extended the deadline for the tech giant’s acquisition of the game developer, Activision Blizzard announced Wednesday.  The deadline, which would have been this week, has been pushed to October 18. The extension comes as the companies are still facing hurdles to approve the deal by UK regulators. As part of the extension, there will be a higher termination fee and new commercial arrangements, according to Activision. “The recent decision in the U.S. and approvals in 40 countries all validate that the deal is good for competition, players, and the future of gaming," an Activision Blizzard spokesperson said in a statement. "Given global reg

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