FTC Investigating Sony/Bungie Deal [May 05, 2022, 7:25 pm ET] – Share – Viewing Comments
The Information reports (may require registration or subscription) that the United States Federal Trade Commission
is investigating Sony's announced deal to
acquire Bungie for a reported $3.6 billion. It doesn't seem clear at this point
what sort of peril this creates for the potential transaction:
The Federal Trade Commission has opened an in-depth investigation of Sony’s proposed $3.6 billion takeover of Bungie, the gaming studio behind Destiny and Halo, according to people familiar with the matter. While the FTC may not be able to block the deal, its decision to review it is the latest example of how aggressive the agency is becoming in reviewing mergers.
Just depends on what they are investigating it for. I didn't read the article so I don't know...but it seems unlikely that being investigated is a good thing for the deal.
Date
Subject
Author
Copyright © 1996-2023 Stephen Heaslip. All rights reserved.
All trademarks are properties of their respective owners.
Privacy Policy. Manage Cookie Settings.
News CGI copyright © 1999-2023 James "furn" Furness & Blue's News. All rights reserved.
Chatbear v1.5.0/blue++: Page generated 30 November 2023, 10:04.