US judge turns down challenge to Microsoft merger with Activision

A United States judge has declined to block the tech giant Microsoft from acquiring the video game producer Activision — a setback for the block the deal and will consider proposals to restructure it.

Activision shares shot up by about 5.6 percent following the news, and Microsoft President Brad Smith stated that he was “grateful” for a “quick and thorough decision” in a post on Twitter.

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