Microsoft, Activision to sell streaming rights to secure biggest video gaming deal


FILE PHOTO A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris France January 25 2023. REUTERSGonzalo FuentesFile Photo

FILE PHOTO: A view shows a Microsoft logo at Microsoft offices in Issy-les-Moulineaux near Paris, France, January 25, 2023. REUTERS/Gonzalo Fuentes/File Photo

LONDON (Reuters) -"Call of Duty" maker Activision Blizzard will sell its streaming rights to Ubisoft Entertainment in a fresh attempt to win approval from Britain's anti-trust regulator for its $69 billion sale to Microsoft.

Shares of Activision were trading 1.1% higher, while Microsoft was up 0.7% before noon in New York. Ubisoft shares listed in Paris closed 8.8% higher, the biggest gainer on the pan-European STOXX 600 index.

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