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Abbott stock was up about 20% from its low in late January before the company revealed that the U.S. Federal Trade Commission had filed a civil investigative demand for information related to issues with the company’s baby formula.
Microsoft cleared a major hurdle in its $68.7 billion acquisition last week when a federal judge sided with the Redmond company following a challenge from the U.S. Federal Trade Commission to block the merger.
Source: https://www.geekwire.com/2023/microsoft-and-activision-blizzard-extend-merger-agreement-to-oct-18/