Microsoft Xbox chief Spencer ‘confident’ on closing Activision deal

Microsoft Corp. Xbox chief Phil Spencer said the software giant continues to work with UK regulators to sort out the remaining hurdles to its $69 billion purchase of Activision Blizzard Inc., and the company is confident it can get the deal over the line.

“We’re working cooperatively with the regulators,” Spencer said Wednesday in an interview with Bloomberg Television, referring to the UK’s Competition and Markets Authority as well as regulators in the US and Europe. “We remain confident in the work that we’re doing with the CMA and the European Commission and here with the FTC in the US, that we will close this acquisition.”