At a glance:

The Federal Trade Commission has asked a US court to prevent Microsoft from completing its proposed acquisition of Activision Blizzard before the Commission's legal challenge against the deal has been addressed.

In a new court filing to the US District Court of Northern California, spotted by VGC, the FTC requested a temporary restraining order and preliminary injunction against both Microsoft and Activision Blizzard, claiming to two companies "have represented that they may consummate the proposed acquisition at any time."

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source https://www.gamesindustry.biz/ftc-asks-court-to-prevent-microsoft-closing-activision-blizzard-deal-early