UK antitrust regulator: We await new Microsoft proposal on Activision deal

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LONDON (Reuters) – Britain’s antitrust regulator is waiting for Microsoft (NASDAQ:MSFT) to submit a modified deal structure to buy “Call of Duty” maker Activision Blizzard (NASDAQ:ATVI), its boss Sarah Cardell said on Thursday.

“We understand from Microsoft that they would like to put forward proposals to us to restructure the deal, potentially re-notifying that deal, to address our competition concerns,” she told Sky News. “If they do that we will consider those restructured proposals carefully.”