Archive · 4 Oct 2025
Judge Rules Activision Executives Face Shareholder Lawsuit
Activision Blizzard, the game company, was acquired by Microsoft.
Shareholders are suing former executives, including Bobby Kotick, claiming they were not given the best deal during the sale.
Shareholders believe executives prioritized their interests, pushing a quick sale to Microsoft, which was for $75.4 billion.
A judge ruled the lawsuit against executives can continue, but dismissed claims against Microsoft.
The court found it 'reasonably conceivable' executives prioritized Kotick's interests, approving a deal shareholders allege undervalued the company.
A Delaware judge ruled Activision Blizzard executives must face a shareholder lawsuit.
The suit alleges executives, including Bobby Kotick, undervalued the company.
Shareholders claim executives breached their fiduciary duties during the Microsoft acquisition.
The Microsoft takeover of Activision Blizzard was for $75.4 billion.
The court found it plausible executives prioritized personal interests over shareholders.
- Who
- Shareholders of Activision Blizzard and former Activision Blizzard executives
- What
- Shareholder lawsuit regarding Microsoft's acquisition of Activision Blizzard
- When
- Thursday, October 3rd
- Where
- Delaware Chancery Court
- Why
- Shareholders allege executives breached fiduciary duties in Microsoft takeover
Shareholder Perspective
Executive Perspective
Deal Valuation
Shareholder Perspective
The $95-per-share acquisition price was too low.
Executive Perspective
N/A
Executives' Motivations
Shareholder Perspective
Executives were motivated by personal interests, including job security.
Executive Perspective
N/A
- Company
- Activision Blizzard
- Buyer
- Microsoft
- Takeover Price
- $75.4 billion
- Lead Defendant
- Bobby Kotick
- Court
- Delaware Chancery Court
- Judge
- Kathaleen McCormick
