Microsoft-Activision Deal Poised to Close Later Than Planned

The transcript discusses the CMA's change in stance regarding a major deal, speculating on government influence and its impact on the UK's business environment post-Brexit. It examines the challenges of vertical M&A cases in the US, highlighting recent legal precedents. The conversation shifts to the Microsoft-Activision deal, exploring potential financial adjustments and strategic considerations, with insights into market performance and valuation dynamics.

What is the significance of the CMA's change in disposition according to the speaker?

What implications does the speaker believe the CMA's actions have for doing business in the UK post-Brexit?

What challenges do vertical mergers face according to the speaker?

What does the speaker suggest about the government's approach to blocking deals?

How does the speaker perceive the relationship between Microsoft and Activision in the context of the deal?

How does the speaker view the possibility of revising financial terms between Microsoft and Activision?

What are the potential outcomes of the Microsoft-Activision deal as discussed in the text?