Activision says $69B sale to Microsoft remains on track for June close

Activision (NASDAQ:ATVI) said its planned $69 billion sale to Microsoft (NASDAQ:MSFT) remains on track to close in the quarter ending in June.
"We continue to expect that our transaction will close in Microsoft’s current fiscal year ending June 2023," Activision (ATVI) CEO Bobby Kotick said in a statement in the video game maker's Q3 results on Monday.
The reiteration comes after Activision (ATVI) shares ticked down 1.2% in regular trading on Monday at least partly following a New York Post report that insiders at the game maker are worried that Microsoft's deal could be thwarted by regulators.
Activision (ATVI) reported Q3 Q3 Non-GAAP EPS of $0.68 beat by $0.18. Revenue of $1.78B (-14.0% Y/Y) beat by $70M.
For the quarter ended Sept. 30, overall Activision Blizzard Monthly Active Users (MAUs) were 368 million.
Activision (ATVI), due to Microsoft's (MSFT) pending acquisition, isn't holding a conference call or issuing guidance.
Activision (ATVI) competitor Take-Two Interactive Software (TTWO) tumbled 15% postmarket after cutting its bookings view below expectations.