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Activision investor sues over Vivendi merger


Turns out not everybody's happy with the recently-announced formation of super-company Activision Blizzard. One particular investor group is suing Activision, claiming that the merger will leave its shareholders in an "unfavorable minority position."

Since Vivendi comes out on top in the merger -- with 52% majority ownership of Activision -- the Wayne County Employees' Retirement System believes Activision didn't think of the stockholders when accepting the deal, which it claims otherwise could have proven more lucrative. No further details of the lawsuit are known at this time. The Activision Blizzard merger is scheduled to occur sometime in the first half of this year.

[Via Next-Gen]

Tags: activision, activision-blizzard, blizzard, lawsuits, vivendi

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