Microsoft Gets Two-Month Pause on UK Appeal Over Its Activision Deal

Microsoft’s appeal against Britain’s block on its $69 billion (nearly Rs. 5,66,100 crore) takeover of Activision Blizzard was formally paused by a London tribunal on Monday, to give the parties more time to resolve the dispute.

Microsoft, Activision, and Britain’s competition regulator, the Competition and Markets Authority (CMA), had all asked for a two-month stay of the case after the CMA said it would consider a modified deal put forward by…