The FTC or Federal Trade Commission has lost it's last chance to block Microsoft's acquisition of Activision Blizzard. It's the second loss for FTC after a US federal judge denied it's request for a preliminary injunction earlier this week to block Microsoft from acquiring Activision Blizzard until the conclusion of a separate FTC administrative case.
Which clearly indicates that Microsoft is free now to close the Blizzard acquisition deal after a temporary restraining order. As from the informers, Microsoft has time till 18 July to close the deal otherwise the company would forced to renegotiate terms with Activision.