Microsoft and Activision Blizzard extended the deadline for their proposed $69 billion merger to October 18.

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Deal pending due to UK's Competitions and Markets Authority (CMA), even the CMA are aiming for this to be closed by August 29th.

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Previous highlights on the case as follows

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Microsoft is facing the Federal Trade Commission (FTC) in court over its proposed acquisition of Activision Blizzard.

The FTC wants a preliminary injunction to prevent Microsoft from closing the deal before a separate legal challenge in August.

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The UK's Competition and Markets Authority (CMA) has already blocked the deal, and Microsoft is appealing the decision.

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Microsoft's CEO Satya Nadella and other executives are defending the acquisition in court.

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Sony's PlayStation chief, Jim Ryan, believes the acquisition is not about making games exclusive to Xbox.

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The launch of Bethesda's Starfield adds pressure to Microsoft's acquisition attempt.

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Exclusive titles are crucial for console platforms, and the FTC is concerned about potential exclusivity of Activision content on Xbox.

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Microsoft is committed to making the deal happen and is actively working with regulators.

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The outcome of the court case will likely determine the future of the Xbox and the merger.

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The FTC shares similar competition concerns with Sony regarding the potential exclusivity of Activision content.

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