Former Activision Blizzard CEO Bobby Kotick has alleged that a 2022 lawsuit against Microsoft's $67.8 billion acquisition of the company was filed to benefit competitor Embracer Group.
Kotick made the claim in a December response to a suit brought by Swedish pension fund Sjunde AP-Fonden in Delaware's Court of Chancery. The fund alleged the sale was rushed to avoid sexual misconduct charges against Kotick. Kotick countered that the action was meant to help Embracer expand in California at Activision's expense, making talent recruitment and mergers harder for the company.