The deadline to complete the Xbox Activision deal has been extended by three months.
In a tweet, Xbox chief Phil Spencer confirmed that "Microsoft and Activision Blizzard have extended the merger agreement deadline" to October 18. That follows the deal's failure to meet the original deadline, which was set for July 18, but was hindered by legal processes. Should the deal fall through, Microsoft will now have to pay up to a maximum of $4.5 billion rather than the original $3 billion as a termination fee.
