Morgan Stanley analyst Benjamin Swinburne maintains Paramount Global (NASDAQ:PARA) with a Underweight and lowers the price target from $22 to $20.
FTC Sues To Block Microsoft’s Acquisition Of Activision Blizzard; Microsoft Welcomes It
The U.S. Federal Trade Commission (FTC) has sued to block Microsoft's acquisition of video game maker Activision Blizzard, stating that the deal will hurt consumer choice and competition.