 Microsoft Activision deal moves closer as judge denies FTC injunction request. The deal moved closer. This isn't the end. A lot of headlines kind of implied. Microsoft wins, as if that was it. They have a deadline to complete their deal by July 18th. Remember, this this deal is like two years old at this point. After July 18th, it's possible some penalties would kick in, etc. The FTC has not shown a likelihood it will prevail on its claim. The FTC has until July 14th to appeal that decision. Microsoft and the UK's CMA have agreed to pause their legal action against each other in order to negotiate. That's a very good sign for Microsoft. Judge saying, I'm not going to give you a preliminary junction because, I don't know, you might win, but it sure doesn't look to me like you're gonna. So it's not worth holding up the merger if you're just going to lose. And then this company now suffers because they have to pay breakup fees and extra lawyer fees and stuff like that.