# Activision Blizzard's shareholders have resolved a legal battle with the company's former executives and Microsoft.

*business · news · 2026-05-27 · Devdiscourse*

## Key points

- Activision Blizzard shareholders secured a $250 million settlement over claims related to the Microsoft acquisition.
- Microsoft will pay 40% of the settlement, with the remainder covered by liability insurance.
- Ex-CEO Bobby Kotick was accused of rushing the $95-per-share deal to benefit himself.
- The settlement equals 30 cents per share and awaits Delaware court approval.

In a landmark $250 million settlement, Activision Blizzard's shareholders have resolved a legal battle with the company's former executives and Microsoft. The dispute involved claims that shareholders were shortchanged in Microsoft's $75.4 billion acquisition of the game maker in 2023. Led by Swedish pension fund Sjunde AP-Fonden, shareholders accused former executives, including CEO Bobby Kotick, of failing to uphold their fiduciary duties by hastily agreeing to a $95-per-share takeover. Kotick allegedly rushed the deal to retain his position and secure $400 million in benefits. The settlement, which awaits approval from Delaware Court of Chancery's Chief Judge Kathaleen McCormick, will be funded 40% by Microsoft with the remainder covered by liability insurance. The payment equates to 30 cents per share and aims to end ongoing litigation distractions. (With inputs from agencies.)

**Companies:** Microsoft, Activision Blizzard
**Countries:** United States

[Read the full story on Devdiscourse](https://www.devdiscourse.com/article/business/3924069-activision-blizzard-shareholders-secure-250-million-settlement)

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