- Activision Blizzard (ATVI -5.9%) says in an 8-K that it's satisfied another of the terms related to its takeover of King Digital Entertainment (BATS:KING) with clearance from South Korean regulators.
- The Fair Trade Commission of the Republic of Korea has given the OK to the $5.9B deal, leaving just a few steps left.
- The company must satisfy an EU Merger Regulation condition, and get sanction from the High Court of Ireland (where King is based) at a hearing set for Feb. 18. Activision says the scheme of arrangement is expected to take effect Feb. 23.
- Activision shares are up 0.5% after hours.