Microsoft Activision deal: Shareholders say Call of Duty maker’s former CEO Bobby Kotick 'manipulated' the biggest merger in gaming history
A Delaware judge has ruled that former Activision Blizzard officials, including ex-CEO Bobby Kotick, must face most of a shareholder lawsuit concerning Microsoft's $75.4 billion acquisition. The judge found it plausible that Kotick manipulated the sale process to favor Microsoft and prioritized his interests over shareholders, while dismissing claims against Microsoft itself.
A Delaware judge has ruled that former Activision Blizzard officials, including ex-CEO Bobby Kotick, must face most of a shareholder lawsuit concerning Microsoft's $75.4 billion acquisition. The judge found it plausible that Kotick manipulated the sale process to favor Microsoft and prioritized his interests over shareholders, while dismissing claims against Microsoft itself.
