The FTC has filed an appeal over Tuesday's federal court decision to deny a preliminary injunction against Microsoft's acquisition of Activision Blizzard.
The FTC appeal was filed the same day NASDAQ announced Activision Blizzard will be delisted from the NASDAQ stock exchange this coming Monday, July 17 in preparation for the Microsoft takeover on July 18.
This is a pressing matter for both companies because if the deal does not close by the 18th, Microsoft will have to fork over $3 billion to Activision Blizzard and renegotiate the acquisition deal.
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