Final hurdle cleared, UK clears Microsoft's $69 billion takeover of Activision Blizzard

$Microsoft(MSFT.US)$ $动视暴雪(ATVI.US)$ According to media reports, the UK's Competition and Markets Authority (CMA) has approved Microsoft's proposed $69 billion takeover of gaming company Activision Blizzard, clearing the last global regulatory hurdle that needed to be crossed for the biggest takeover in the history of the gaming industry.
The move marks a significant shift in the CMA's attitude. The CMA has been the staunchest opponent of the acquisition.
In a statement Friday, the CMA said Microsoft's restructured offer, which includes the sale of some game rights to French video game publisher Ubisoft Entertainment, eliminated the agency's antitrust concerns.
The CMA said the new acquisition proposal will be able to prevent Microsoft from easily dominating competition in the cloud gaming space as the market for cloud gaming expands, preserving competitive pricing and services for UK cloud gaming customers.
Microsoft CEO Brad Smith responded: