ATVI

Court to Approve Activision Agreement With EEOC

Retrieved on: 
Tuesday, March 29, 2022

This morning the federal court indicated it would approve Activision Blizzards (Nasdaq: ATVI) settlement with the EEOC today.

Key Points: 
  • This morning the federal court indicated it would approve Activision Blizzards (Nasdaq: ATVI) settlement with the EEOC today.
  • The agreement we reached with the EEOC last year reflected our unwavering commitment to ensure a safe and equitable working environment for all employees, said Activision Blizzard CEO Bobby Kotick.
  • As part of the agreement with the EEOC, Activision agreed to:
    Create an $18 million fund to compensate eligible claimants.
  • This independent consultants findings will be reported directly to the EEOC and Activision Blizzards Board of Directors.

Call of Duty League™ Joins Forces With Aim Lab in Multi-year Deal to Become the First Official Training Sponsor

Retrieved on: 
Monday, March 14, 2022

Call of Duty League, the official esports league of the Call of Duty franchise, today announces it has joined forces with Aim Lab as the official first-person training sponsor - as well as the presenting sponsor - of the Call of Duty Challengers Scouting Series.

Key Points: 
  • Call of Duty League, the official esports league of the Call of Duty franchise, today announces it has joined forces with Aim Lab as the official first-person training sponsor - as well as the presenting sponsor - of the Call of Duty Challengers Scouting Series.
  • During the 2022 Call of Duty League season, Aim Lab will introduce a Best Shot segment, featuring best shot from all of the weekends matches.
  • "We are honored to partner with Call of Duty League to create something truly unique and special for fans and pros alike.
  • Call of Duty League is the official esports league of the Call of Duty franchise, from publisher Activision.

ACTIVISION BLIZZARD INVESTOR ALERT - Kuznicki Law PLLC Investigates Adequacy of Price and Process in Proposed Sale of Activision Blizzard, Inc. - ATVI

Retrieved on: 
Thursday, March 10, 2022

Kuznicki Law PLLC is investigating the proposed sale of Activision Blizzard, Inc. (NasdaqGS: ATVI) to Microsoft Corporation (NasdaqGS: MSFT).

Key Points: 
  • Kuznicki Law PLLC is investigating the proposed sale of Activision Blizzard, Inc. (NasdaqGS: ATVI) to Microsoft Corporation (NasdaqGS: MSFT).
  • Under the terms of the proposed transaction, shareholders of Activision will receive only $95.00 in cash for each share of Activision that they own.
  • Kuznicki Law is seeking to determine whether the merger and the process that led to it are adequate and fair to the Companys shareholders.
  • Kuznicki Law PLLC is committed to ensuring that companies adhere to responsible business practices and engage in good corporate citizenship.

ACTIVISION BLIZZARD INVESTOR ALERT by the Former Attorney General of Louisiana: Kahn Swick & Foti, LLC Investigates Adequacy of Price and Process in Proposed Sale of Activision Blizzard, Inc. - ATVI

Retrieved on: 
Wednesday, March 2, 2022

and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Activision Blizzard, Inc. (NasdaqGS: ATVI) to Microsoft Corporation (NasdaqGS: MSFT).

Key Points: 
  • and the law firm of Kahn Swick & Foti, LLC (KSF) are investigating the proposed sale of Activision Blizzard, Inc. (NasdaqGS: ATVI) to Microsoft Corporation (NasdaqGS: MSFT).
  • Under the terms of the proposed transaction, shareholders of Activision will receive only $95.00 in cash for each share of Activision that they own.
  • KSF is seeking to determine whether this consideration and the process that led to it are adequate, or whether the consideration undervalues the Company.
  • To learn more about KSF, whose partners include the Former Louisiana Attorney General, visit www.ksfcounsel.com .

King Announces Leadership Changes

Retrieved on: 
Wednesday, February 23, 2022

King, the leading interactive entertainment company for the mobile gaming world and a subsidiary of Activision Blizzard, is today announcing a series of leadership changes.

Key Points: 
  • King, the leading interactive entertainment company for the mobile gaming world and a subsidiary of Activision Blizzard, is today announcing a series of leadership changes.
  • Sommestad will serve as president of King effective immediately while Sakhnini will work closely with him on the transition until the end of March.
  • Working alongside an expanded leadership team, I am confident King will be able to sustain its growth while serving its player community with the enduring delight of its games.
  • He was instrumental in both the acquisition of Blizzard and King, and our Company has been fortunate for his contributions.

Multiplayer Online Battle Arena (MOBA) Industry Expected to Reach $490 Million Global Annual Sales By 2025

Retrieved on: 
Wednesday, February 23, 2022

The market is expected to grow from $1,070.5 million in 2020 to $2,108.6 million in 2025 at a rate of 14.5%.

Key Points: 
  • The market is expected to grow from $1,070.5 million in 2020 to $2,108.6 million in 2025 at a rate of 14.5%.
  • The market is then expected to grow at a CAGR of 13.6% from 2025 and reach $3,993.2 million in 2030."
  • The esports market is segmented by game into multiplayer online battle arena (MOBA), real time strategy, first-person shooter, and fighting and sports.
  • The multiplayer online battle arena (MOBA) market was the largest segment of the esports market segmented by game, accounting for 40.9% of the total in 2020.

Multiplayer Online Battle Arena (MOBA) Industry Expected to Reach $490 Million Global Annual Sales By 2025

Retrieved on: 
Wednesday, February 23, 2022

The market is expected to grow from $1,070.5 million in 2020 to $2,108.6 million in 2025 at a rate of 14.5%.

Key Points: 
  • The market is expected to grow from $1,070.5 million in 2020 to $2,108.6 million in 2025 at a rate of 14.5%.
  • The market is then expected to grow at a CAGR of 13.6% from 2025 and reach $3,993.2 million in 2030."
  • The esports market is segmented by game into multiplayer online battle arena (MOBA), real time strategy, first-person shooter, and fighting and sports.
  • The multiplayer online battle arena (MOBA) market was the largest segment of the esports market segmented by game, accounting for 40.9% of the total in 2020.

SHAREHOLDER ALERT: Scott+Scott Attorneys at Law LLP Investigates Activision Blizzard, Inc.’s Merger With Microsoft Corporation – ATVI

Retrieved on: 
Tuesday, February 22, 2022

NEW YORK, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Scott+Scott Attorneys at Law LLP (Scott+Scott), an international securities and consumer rights litigation firm, is investigating whether the directors of Activision Blizzard, Inc. (Activision) (NASDAQ: ATVI) breached their fiduciary duties to its shareholders in approving a merger with Microsoft Corporation (Microsoft) (NASDAQ: MSFT) for inadequate consideration.

Key Points: 
  • NEW YORK, Feb. 22, 2022 (GLOBE NEWSWIRE) -- Scott+Scott Attorneys at Law LLP (Scott+Scott), an international securities and consumer rights litigation firm, is investigating whether the directors of Activision Blizzard, Inc. (Activision) (NASDAQ: ATVI) breached their fiduciary duties to its shareholders in approving a merger with Microsoft Corporation (Microsoft) (NASDAQ: MSFT) for inadequate consideration.
  • If you are an Activision shareholder, you may contact attorney Joe Pettigrew for additional information toll-free at 844-818-6982 or [email protected] .
  • On January 18, 2022, Activision announced it had reached an agreement to merge with Microsoft for $95.00 per share, in an all-cash transaction valued at $68.7 billion.
  • If you are an Activision shareholder, you may have legal claims against Activisions directors.

Lifshitz Law PLLC Announces Investigation of ASPA, ATVI, MCAE, and VRS

Retrieved on: 
Sunday, February 20, 2022

Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the merger of ASPA with Apifiny Group Inc.

Key Points: 
  • Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the merger of ASPA with Apifiny Group Inc.
  • Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the sale of ATVI to Microsoft Corp. for $95.00 in cash per share of ATVI owned.
  • Lifshitz Law PLLC announces investigation into possible breach of fiduciary duties in connection with the merger of MCAE and ETAO International Group.
  • 2022 Lifshitz Law PLLC The law firm responsible for this advertisement is Lifshitz Law PLLC 1190 Broadway, Hewlett, New York 11557, Tel: (516)493-9780.

SHAREHOLDER ALERT: WeissLaw LLP Reminds SUNS, SYTE, GDNSF, and ATVI Shareholders About Its Ongoing Investigations

Retrieved on: 
Friday, February 18, 2022

Upon closing, current SUNS shareholders will own approximately 22.8% of the combined company.

Key Points: 
  • Upon closing, current SUNS shareholders will own approximately 22.8% of the combined company.
  • Under the agreement, SYTE and CrossingBridge will become wholly owned subsidiaries of a newly formed holding company, ENDI Corp.
  • Under the terms of the agreement, ATVI shareholders will receive $95.00 in cash for each share of ATVI common stock that they hold.
  • If you own ATVI shares and wish to discuss this investigation or your rights, please call us or visit our website: https://www.weisslaw.co/news-and-cases/atvi
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