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I don't think it will take long to finalize the deal, they seem to have already decided on what to do (spinning off Xbox Cloud business to another company in the UK only according to the one leak), so they will need to hammer out the final details on the timeline for that Cloud spinoff (deadlines and such), dot some I's, cross some T's on the final paperwork. Early August acquisition close makes sense to me, probably first week.

Hopefully ABK games are on Gamepass pretty much the day the deal closes, like they were with Zenimax.