Microsoft can move ahead with record $69 billion acquisition of Activision Blizzard, judge rules – Times of India

[ad_1] A federal judge has handed Microsoft a major victory by declining to block its looming $69 billion takeover of video game company Activision Blizzard. Regulators sought to ax the deal saying it will hurt competition.US District Judge Jacqueline Scott Corley said in a ruling that the Federal Trade Commission, which enforces antitrust laws, has … Read more

US Gold Miner Newmont Takes Over Australian Rival Newcrest in $19 Billion Deal

[ad_1] Last Updated: May 15, 2023, 06:07 IST Melbourne-based Newcrest’s shareholders will receive 0.4 of the US firm’s shares for each one they currently own. (Representative image/AP) By swallowing up Newcrest, the US mining group expands its large gold and copper mining assets Australian mining company Newcrest said Monday it had agreed to a takeover … Read more