11 Oct
The Delaware Supreme Court has overturned the preliminary injunction that was preventing Activision Blizzard from buying Vivendi Universal’s stake in the company, GI International reports. Activision Blizzard reached a deal with Vivendi in July to acquire its own shares for over $8 billion. The acquisition was halted by the Delaware Chancery Court in September when […]
18 Jul
The Delaware Supreme Court ruled against Viacom yesterday in the company’s lawsuit against Harmonix over bonus payments. The company must now pay $299 million to the studio’s former stockholders, according to The Hollywood Reporter. Unless Viacom appeals the decision, or the Supreme Court reconsiders the ruling, the decision will stand. Subsidiary of Viacom, MTV Networks, […]