Sony expects its acquisition of Bungie to shut out by the top of 2022, in accordance with monetary report it printed right this moment.
Whereas forecasting for the 2022 fiscal 12 months, the report states “This forecast relies on the belief that the acquisition of Bungie, Inc., which is presently beneath assessment by the related authority, will shut within the third quarter ending December 31, 2022.”
The assessment in query is the FTC’s investigation, which was not too long ago introduced. Whereas it doesn’t look like one thing that PlayStation should be involved about, it does level to the potential of extra scrutiny to come back from the FTC.
Particularly contemplating the variety of massive acquisitions the sport business has already had this 12 months. Microsoft’s acquisition of Activision Blizzard can also be presently beneath assessment from the FTC.
It’s price noting although that it stays possible each Sony’s and Microsoft’s acquisitions will get by to the opposite facet of these investigations.
Supply – [Sony]