Activision Brands $75B Del. Merger Suit 'Scattershot'
By Jeff Montgomery ( January 9, 2025, 9:18 PM EST) -- An attorney for former Activision-Blizzard directors and top officers told Delaware's chancellor on Thursday that stockholder attorneys are pursuing a massive but "scattershot" suit challenging the company's $75.4 billion merger with Microsoft Corp., a deal that produced both a disputed $31 billion premium and a 329-page third amended lawsuit....
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