Microsoft (MSFT) is one step closer to closing its deal for Activision Blizzard (ATVI) after UK regulators accepted some of the changes Microsoft made to get the regulators' sign-off. Microsoft made concessions on cloud gaming in order to get the approval. Wedbush Managing Director of Equity Research Michael Pachter says Microsoft is making a "brilliant" move in terms of cloud gaming, one he likens to Netflix's business model. Watch the video above to find out why. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Microsoft’s (MSFT) acquisition of Activision-Blizzard (ATVI) may get the green light from UK antitrust regulators. The deal was blocked in April over concerns that Microsoft would have too much control of the cloud gaming market. Yahoo Finance Tech Reporter Dan Howley joins Brad Smith and Seana Smith to break down the step forward. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
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