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Microsoft has agreed to pay $250M to settle investor litigation over its massive takeover of Activision Blizzard.
Microsoft will pay $250 million to settle investor litigation over its Activision Blizzard acquisition.
KEY POINTS
- The settlement addresses allegations Activision's board gave a discounted deal to escape a misconduct scandal.
- A Delaware judge allowed claims against Activision Blizzard but dismissed charges Microsoft exploited the scandal.
- The settlement resolves claims related to how Activision Blizzard managed the acquisition amidst its controversy.
COMPANIES
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