Manila Times Business
Activision shareholders reach $250 million settlement over Microsoft buyout
WILMINGTON, Delaware — Shareholders of Activision Blizzard reached a $250 million settlement over allegations that the company's former executives and Microsoft shortchanged them when Microsoft acquired the game maker for $75.4 billion in 2023, according to a filing made public on Friday in a Delaware state court. Shareholders of the "Call of Duty" video game maker, led by Swedish pension fund Sjunde AP-Fonden, accused former Activision Blizzard executives including Chief Executive Bobby K
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Source: manilatimes.net
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