financetom
Business
financetom
/
Business
/
Microsoft, Activision Ask Court to Validate $69 Billion Merger
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Microsoft, Activision Ask Court to Validate $69 Billion Merger
May 3, 2024 10:12 AM

12:50 PM EDT, 05/03/2024 (MT Newswires) -- Microsoft ( MSFT ) and Activision Blizzard filed a petition Thursday in Delaware's Chancery Court asking it to validate their $69 billion merger.

The filing is in response to a Feb. 29 ruling by the court that stated that a board must, at a minimum, approve "an essentially complete version" of a merger agreement and that Activision's board did not meet that standard.

Price: 406.31, Change: +8.47, Percent Change: +2.13

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Ligand Pharmaceuticals Insider Sold Shares Worth $830,449, According to a Recent SEC Filing
Ligand Pharmaceuticals Insider Sold Shares Worth $830,449, According to a Recent SEC Filing
May 13, 2024
05:44 PM EDT, 05/13/2024 (MT Newswires) -- Andrew Reardon, Chief Legal Officer, on May 09, 2024, sold 10,000 shares in Ligand Pharmaceuticals ( LGND ) for $830,449. Following the Form 4 filing with the SEC, Reardon has control over a total of 22,205 shares of the company, with 22,205 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/886163/000200101124000051/xslF345X03/edgardoc.xml Price: 84.21, Change: +0.14, Percent...
Kopin Gets Contract to Provide OLED Display for Low Latency Digital Night-Vision Sensor
Kopin Gets Contract to Provide OLED Display for Low Latency Digital Night-Vision Sensor
May 13, 2024
05:51 PM EDT, 05/13/2024 (MT Newswires) -- Kopin ( KOPN ) said Monday it secured a contract from an undisclosed defense customer to integrate its organic light emitting diode displays with a power efficient low latency digital night-vision sensor. The integration will eliminate the need for optical overlay and reduce the size and forward projection of the night-vision system, the...
Horizon Bancorp Names John Stewart as Chief Financial Officer, Mark Secor as Chief Administration Officer
Horizon Bancorp Names John Stewart as Chief Financial Officer, Mark Secor as Chief Administration Officer
May 13, 2024
05:45 PM EDT, 05/13/2024 (MT Newswires) -- Horizon Bancorp ( HBNC ) said late Monday that it appointed John Stewart as its Executive Vice President and Chief Financial Officer. Stewart, who has 22 years of financial services experience at regional banks, global investment banks, and institutional asset management firms, will take over as CFO on May 20, the company said....
Hesai Group Chief Financial Officer Louis Hsieh Resigns
Hesai Group Chief Financial Officer Louis Hsieh Resigns
May 13, 2024
05:50 PM EDT, 05/13/2024 (MT Newswires) -- Hesai Group ( HSAI ) said Monday that Louis T. Hsieh, its global chief financial officer and director, resigned from the company effective today. Hsieh is resigning due to personal and family reasons, the company added. Norman Fan will oversee the financial and reporting functions of Hesai ( HSAI ) for the interim...
Copyright 2023-2026 - www.financetom.com All Rights Reserved