Activision shareholders reach $250 million settlement over Microsoft buyout

UPDATE 1-Activision shareholders reach $250 million settlement over Microsoft buyout

Read more about UPDATE 1-Activision shareholders reach $250 million settlement over Microsoft buyout on Devdiscourse.

Activision shareholders reach US$250 million settlement over Microsoft buyout

Shareholders of Activision Blizzard reached a US$250 million settlement over allegations that the company’s former executives and Microsoft shortchanged them when Microsoft acquired the game maker for US$75.4 billion in 2023, according to a late Thursday court filing in a Delaware state court.

Activision shareholders reach $250 million settlement over Microsoft buyout

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 late Thursday court ​filing in a Delaware state ​court.

Microsoft, Activision Blizzard Shareholders Reach $250M Settlement

The proposed settlement would close more than four years of litigation.

Microsoft pays $250 million to end lawsuit over Activision Blizzard buyout

Microsoft agreed to pay $250 million to settle a shareholder lawsuit over its $75.4 billion acquisition of Activision Blizzard.