Activision, Microsoft extend ‘Call of Duty’ deal deadline: What it means and all other details

Microsoft and Activision Blizzard have reached an agreement in extending the deadline for the close of its $69 billion merger to October 18. The two companies originally agreed to close the largest gaming deal in history by July 18.

The move will provide a breather to both the companies that are looking to work their way to secure approval from the UK’s Competition and Markets Authority (CMA). Recently, the US Federal Trade Commission (FTC) also tried to block the takeover but courts rejected the appeal twice (first by a federal judge and then by an appeals court).