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Practice Points in Response to Activision

Harvard Corporate Governance

Activision (Feb. 29, 2024)—a decision that came as a surprise to practitioners, and has far-reaching consequences—the Delaware Court of Chancery held that common practices the board of Activision Blizzard, Inc. In Ap-Fonden v. an unlawful taking—essentially, a tort of theft).

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What's Going On With Microsoft-Activision Deal? Companies Adjust Deadline Terms

Benzinga

Microsoft Corp (NASDAQ: MSFT ) and Activision Blizzard, Inc (NASDAQ: ATVI ) stocks are grabbing attention amid reports of the companies extending the $69 billion takeover deal to October 18. The terms of the agreement include an increase in the termination fee payable to Activision Blizzard from $3.0

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EXCLUSIVE: Activision Blizzard's 'Focused Strategy Is Working,' Mobile Was Largest Segment In Q1 — And 'There's More On The Way'

Benzinga

Video game giant Activision Blizzard Inc (NASDAQ: ATVI ) made lots of headlines Wednesday with shares falling in response to an announcement that its pending acquisition by Microsoft Corporation (NASDAQ: MSFT ) was being blocked by regulators in the United Kingdom. ” Activision segment revenue was.

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Chancery Won't Speed Or Stay Activision-Microsoft Deal Suit

Law 360 M&A

billion takeover of Activision Blizzard Inc. will move forward at a normal pace, the court's chancellor said Tuesday, denying both the Activision investor's request to fast-track the litigation and the video game company's motion to put it on hold.

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What's Going On With Activision Blizzard and Microsoft Stock Friday?

Benzinga

Microsoft Corp (NASDAQ: MSFT ) and Activision Blizzard, Inc (NASDAQ: ATVI ) stocks are trading higher Friday amid reports of the companies exploring giving up some control of their cloud-gaming business in the U.K. to appease regulators to complete their $69 billion merger by the July 18 deadline.

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Microsoft Seeks UK Merger Block Rethink, Citing New Deals

Law 360 M&A

wants United Kingdom antitrust authorities to rethink the block imposed on the company's $68.7 billion takeover of Activision Blizzard Inc., Microsoft Corp.

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Activision Blizzard Expected To Surge: Analyst Sees Upside In Proposed Microsoft Acquisition

Benzinga

Benchmark Company analyst Mike Hickey named Activision Blizzard Inc. 's (NASDAQ: MSFT ) proposed acquisition of Activision, Hickey said: "We think investors will either be rewarded with an approximate 21% upside to MSFT’s $95 bid or an approximate 15% upside to our FY23 $90 PT if the deal is abandoned.