Sjunde AP-Fonden v. Activision Blizzard Inc.: What May be Common May not be Right
By EsqSocial Corporation 18/04/24
In another impactful decision, the Delaware Court of Chancery in Sjunde AP-Fonden v. Activision Blizzard Inc. again stressed the importance of the statutory text of the DGCL to dismiss claims by the plaintiffs alleging that the board violated Section 251 of the DGCL in approving Activision Blizzard, Inc.’s merger with Microsoft, Corp. Originally Published in Quorum: Insights Into Corporate Governance, M&A and Securities Law - April 2024....
By: Cadwalader, Wickersham & Taft LLP