Four years later, Microsoft finally finishes fighting over the Activision acquisition

1 hour ago 2

Rommie Analytics

Reuters reports that Microsoft has agreed to a $250 million settlement in a lawsuit filed by Swedish pension fund ​Sjunde AP-Fonden over allegations that, simply put, Activision sold out too quickly and too cheaply when it was acquired by Microsoft.

Microsoft dropped $69 billion on Activision Blizzard in the 2022 deal, a nice, hefty sum of money by any measure. But later that year, as reported by GameFile, Sjunde AP-Fonden—also known as AP7—filed suit, alleging the deal was rushed by former Activision CEO Bobby Kotick in order to avoid fallout from reports of sexual misconduct at the company and protect his own massive payout from the dea...

Read Entire Article