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Microsoft, US regulators head to court over $69B deal

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Microsoft heads to a San Francisco courtroom on Thursday to advocate for the approval its $69 billion takeover of Activision Blizzard.

Meridian Equity Partners senior managing partner Jonathan Corpina and SlateStone Wealth chief market strategist Kenny Polcari discuss if the forecasted earnings recession will ever kick in on 'The Claman Countdown.'

Microsoft will be facing U.S. regulators on Thursday in an attempt to win clearance to complete a $69 billion takeover of video game maker Activision Blizzard. A lot is at stake as the deal will reshape a pastime that's bigger than the movie and music industries combined. Microsoft will go up against the U.S. Federal Trade Commission's attempt to block a deal that it contends will stifle competition and innovation.

 

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