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Microsoft is currently the second largest company in the world according to current statistics published by Global Finance, but this hasn’t stopped its billion-dollar deal to buy the video game company Activision Blizzard from being blocked in the UK.

The UK government has issued a press release stating that Microsoft’s proposed $68.7 billion (£55 billion) takeover has been obstructed – a deal that would have seen the company acquire some of the hottest and most in-demand games such as Call of Duty, Overwatch, Candy Crush and World of Warcraft. 

Alas, this deal has been blocked in the UK by the Competition and Markets Authority (CMA) resulting in significant frustration from both Microsoft and Activision who have both hit out saying they will appeal this verdict.

“We Will Work…

The UK’s largest web hosting company The Hut Group (THG) is planning to disclose its plan for a new incentive scheme as well as a £4.5bn stock market flotation.

As first reported by Sky News, the long-standing share plan could result in THG’s co-founder and executive chairman Matthew Moulding earning more than £700m worth of shares if the company is able to achieve a market capitalization of £7.25bn by December of 2022.

The UK’s largest web hosting company The Hut Group (THG) is planning to disclose its plan for a new incentive scheme as well as a £4.5bn stock market flotation.

As first reported by Sky News, the long-standing share plan could result in THG’s co-founder and executive chairman Matthew Moulding earning more than £700m worth of shares if the company is able to achieve a market capitalization of £7.25bn by December of 2022.

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