Activision shareholders reach $250 million settlement over Microsoft buyout

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Microsoft Corporation

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By Tom Hals

- Shareholders of Activision Blizzard reached a $250 million settlement over allegations that Microsoft and former executives of the maker of the "Call of Duty" video game shortchanged them when the software giant acquired it in 2023 for $75.4 billion, according to a late Thursday court filing in a Delaware state court.