Activision Blizzard Inc., the largest U.S. video-game publisher, may proceed with a $5.83 billion share buyback and the management-led purchase of $2.34 billion in company stock, a Delaware court ruled.
If you like swashbuckling high-stakes M&A battles, you should read the transcript from Wednesday's Delaware Chancery Court hearing on Activision Blizzard's share buyback, it's a treat. If you like the sound of the words "swashbuckling high-stakes M&A battles" but don't know what they're actually like, you should also read the transcript, at least as a test of your interest.
Activision Blizzard Inc. was barred by a judge from proceeding with a stock sale that investors say would give control of the video-game maker to a group led by a company director and its top executive.
Activision Blizzard Inc. will seek shareholder approval of a management-led proposal to buy $8.17 billion of its stock from controlling shareholder Vivendi SA if its appeal of a court injunction fails.
James “Whitey” Bulger, the reputed crime boss on trial in Boston for 19 murders, called criminals who helped the authorities “rats” even though he was secretly one of the biggest informants in town, a prosecutor said.
Activision Blizzard Inc. and a group led by Chief Executive Officer Bobby Kotick completed their $8.2 billion buyout of most of the stake held by Vivendi SA, after a court cleared the final hurdle to the deal.
University of Notre Dame coach Brian Kelly, who directed the Fighting Irish to an undefeated record and a spot in college football’s national championship game, became the first two-time winner of the Coach of the Year award.