NEXT KEY DATES:
Early July 2023 (likely between 6th and 10th): decision about the preliminary injunction in the FTC case.
July 4th 2023: deadline to submit responses to the Statement of Issues from New Zealand.
July 6th 2023: deadline for the CMA to file and serve its defence to the CAT.
July 17th 2023: deadline for MS and ABK to file and serve their skeleton arguments for the CAT hearing.
July 17th 2023: decision from New Zealand.
Between July 3rd - July 17th 2023: final decisions from Canada, South Africa, Turkey and Australia.
July 18th 2023: The end of the second extension and final outside date in the merger agreement. ABK could quit by then and MS would have to pay a termination fee of $3,000,000,000. The parties could extended or even amend the merger agreement.
July 19th 2023: deadline for the imposition of the CMA final order prohibiting the acquisition.
July 24th 2023: deadline for the CMA to file and serve its skeleton argument for the CAT hearing.
July 28th 2023: the CAT appeal main hearing will begin, with a time estimate of six days.
August 2nd 2023: beginning of the FTC in-house trial (if it happens).
Late August/September 2023: decision from the CAT.
December 2023 - January 2024: decision from the FTC administrative law judge (if it happens).
Anything beyond: unknown
Decision hopefully tomorrow on the PI
if granted. The dead is actually 100% dead
If not… then the popcorn awaits for the CMA appeal
Cmon judge make your decision already
Cmon judge make your decision already
Isn't the judge sealing it, so we won't actually know until the company chooses to announce it themselves
Isn't the judge sealing it, so we won't actually know until the company chooses to announce it themselves
that is true the decision is sealed until bloomberg, NYT, or microsoft / FTC themselves announce it
JUDGE MAKE YOUR F***ING DECISION
Decision should be tomorrow on the pi..
Judge you old c*** make the decision
What’s good with this b****. I would’ve made the decision before they even left the court room
No need to deliberate s*** it’s obvious
S*** taking mad long
Microsoft gonna have to be forced to extend the deal cause it expires July 18th….
Can’t wait to wake up to the decision and shambles on either side
Microsoft gonna have to be forced to extend the deal cause it expires July 18th….
Not necessarily but the clock is ticking
seekingalpha.com/news/3986765-court-ruling-in-activisionmicrosoft-may-come-wednesday-thursday-report
Decision to come Wednesday / Thursday per CNBC