Activision facing lawsuit over Vivendi deal

Wednesday, 27th February 2008 at 5:05 pm

Investor claims that company directors failed to obtain the best deal

Gamedaily.com reports that the merger pushes investors into an “unfavourable minority position”.

The complaint reads: "The merger, stock purchase and tender offer, working in concert, convey control of Activision to Vivendi but fail to offer the Activision stockholders an opportunity to realise a true control premium for their stock."

http://www.mcvuk.com/news/29761/Activision-facing-lawsuit-over-Vivendi-deal