Companies now blocked from holding any stake in each other
The European Commission has opened an in-depth probe into Microsoft's proposed acquisition of Activision Blizzard, publisher of Call of Duty and World of Warcraft, under the EU Merger Regulation.
Musk appears to have renewed his offer because he had little hope of winning in court.
The deal is anticipated to complete in the last week of September 2022
Brexit, Covid, a struggling pound and an incoming recession have crashed UK valuations
The acquisition agreement is legally binding, but Musk wants to back out.
The wait could stretch further if witnesses are asked to testify.
Buyer's remorse could cost the Tesla CEO $1 billion
Twitter's board of directors is reconsidering Tesla CEO Elon Musk's $43 billion bid to purchase the firm and take it private.