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Microsoft Pays $250 Million to Settle Activision Blizzard Shareholder Lawsuit
20 hour ago /
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Author：小编
Microsoft and former executives of Activision Blizzard have agreed to pay $250 million to resolve a shareholder class-action lawsuit stemming from Microsoft's $69 billion acquisition of Activision Blizzard in 2023. The lawsuit, initiated by Activision Blizzard shareholders, alleged inadequate disclosure during the acquisition process and suspected underpayment to shareholders. The settlement agreement avoids a protracted and costly court battle, marking a temporary conclusion to the legal disputes surrounding this massive deal.
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