The announcement comes after Microsoft on Friday defeated a last-ditch effort by the US Federal Trade Commission to scuttle the 💹 company'sR$68.7 billion purchase of Activision Blizzard. The Ninth Circuit Court of Appeals declined to grant the regulator an emergency stay 💹 of a ruling that allows the deal to proceed in the US. The United Kingdom's Markets and Competition Authority (CMA) 💹 is the last remaining regulator of note opposed to the purchase, but the watchdog and Microsoft recently agreed to put 💹 their legal battle over the deal on hold and negotiate a compromise.

"From Day One of this acquisition, we’ve been committed 💹 to addressing the concerns of regulators, platform and game developers, and consumers," Microsoft President and Vice Chair Brad Smith tweeted 💹 in response to Spencer's post. "Even after we cross the finish line for this deal’s approval, we will remain focused 💹 on ensuring that Call of Duty remains available on more platforms and for more consumers than ever before."

Before today, Jim 💹 Ryan, the president and CEO of Sony Interactive Entertainment, made clear he was strongly opposed to Microsoft's Activision bid. “I 💹 don’t want a new Call of Duty deal. I just want to block your merger,” Ryan told Activision CEO Bobby 💹 Kotick. “I told him [Kotick] that I thought the transaction was anti-competitive, I hoped that the regulators would do their 💹 job and block it,” Ryan later said during his testimony at the FTC v. Microsoft hearing. But with the purchase 💹 all but set to move forward, Sony likely had no choice but to come to terms with its rival.

Update 2:57PM 💹 ET: Added more information about the length of the agreement.

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