The Federal Trade Commission's last-ditch effort to block Microsoft from acquiring Activision Blizzard before the $68.7 billion dollar deal's deadline has failed.
The FTC filed an appeal with the Ninth Circuit Court of Appeal after US District Judge Jacqueline Scott Corley denied the regulator a preliminary injunction that would prevent Microsoft from completing the deal before the Commission's administrative hearing in August.
Judge Corley also denied the FTC an extension to the temporary restraining order that was put in place while the hearing for the injunction took place.
source https://www.gamesindustry.biz/ftc-denied-appeal-to-block-microsoft-activision-acquisition
