Ryuu96 on 26 April 2023
Although Microsoft is expected to appeal the decision, many traders and analysts see the U.K. ruling as a deal-ender.
"Essentially, there has never been a successful appeal in the UK on an antitrust decision," said Aaron Glick, a merger arbitrage strategist at TD Cowen. "There does not appear to be a path forward for Microsoft."
Microsoft-Activision spread blows out on bets deal will collapse - BNN Bloomberg
Wait, so, of those 33% of appeals that were sent back to CMA, they still kept their decision? Lmao.
So basically, CMA has a 100% win rate.
Last edited by Ryuu96 - on 26 April 2023
