Microsoft has agreed to pay $250 million to resolve a lawsuit filed by a Swedish pension fund over the 2022 acquisition of Activision Blizzard. The settlement ends claims that the $69 billion deal undervalued the company and was rushed amid prior scandals.
The Swedish pension fund Sjunde AP-Fonden sued Activision Blizzard and its former CEO Bobby Kotick. It alleged the transaction was completed hastily to avoid issues from sexual misconduct allegations at the time. The case had advanced in Delaware’s Court of Chancery last fall before the settlement was reached.
