Tech giant Microsoft Corporation (MSFT) is facing a European Union (EU) probe in its proposed $69 billion deal to acquire gaming company Activision Blizzard, Inc. (ATVI). On the other hand, MSFT has accused the U.K. Competition and Markets Authority of relying on “self-serving” input from rival Sony Group Corp. (SONY) in its deliberations.
Moreover, the company reported mixed financials for its first fiscal quarter (ended September 30). While its total revenue increased 10.6% year-over-year to $50.12 billion, EPS declined 13.3% from the prior-year period to $2.35.
