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Ryuu96 said:

I also wonder if Microsoft's eagerness to close is because they aren't confident in Activision on extending the deal. 🤔

Probably because MS doesn't believe no matter how this appeal goes, that the CMA will change their mind.  Its best to put all options on the table and get lawyers to find out if its worth it now then wait until after and scramble to find a solution.  You want to be ahead of the curve not playing catch up.