Sjunde AP-Fonden
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Former CEO Bobby Kotick claims lawsuit against Microsoft's acquisition of Activision was only filed to help Embracer
Former Activision Blizzard CEO Bobby Kotick claims a lawsuit filed by Swedish pension fund Sjunde AP-Fonden against Microsoft's acquisition of Activision Blizzard was intended to benefit Embracer Group. Kotick alleges the lawsuit aimed to hinder Activision's growth and talent acquisition in California. Embracer Group has denied these claims.
Four years later, Microsoft finally finishes fighting over the Activision acquisition
Microsoft has settled a lawsuit filed by Swedish pension fund Sjunde AP-Fonden for $250 million, resolving allegations that Activision Blizzard was sold too cheaply during Microsoft's $69 billion acquisition. The settlement also dismisses countersuits filed by former Activision CEO Bobby Kotick and Microsoft. This resolution concludes a legal dispute that arose after the acquisition was finalized.
