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Activision Blizzard reached a settlement this week over a shareholder's lawsuit in regards to the Call of Duty publisher's October 2013 buyout. As a result, Vivendi and others will pay $275 million to Activision to settle the litigation, which began in August 2013 before Activision's $8.2 billion p...

7 months ago 0 Comments
November 21, 2014 at 1:00PM
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Activision's buyback of $8.2 billion of its own shares from Vivendi has been completed, the publisher announced today. It was just yesterday that the Delaware Supreme Court overturned a September ruling that halted the purchase, which followed a lawsuit by an Activision Blizzard shareholder in Augu...

1 year ago 0 Comments
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Greenlight Capital hedge fund manager David Einhorn has decided to end what Apple CEO Tim Cook has referred to as a "silly sideshow" by dropping the lawsuit he'd brought against 1 Infinite Loop in early February. Filed in conjunction with other Apple shareholders, the lawsuit sought to force Appl...

2 years ago 0 Comments
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Sony got a stake in Olympus' future when it made a $645 million investment into the troubled camera firm last September, getting a board representative and a controlling share of a medical imaging project. As of this weekend, however, the foot is that much further in the door: it's now Olympus' la...

2 years ago 0 Comments
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Earlier this month, David Einhorn of hedge fund Greenlight Capital and Apple shareholders brought a lawsuit against Apple seeking to force the company to share more of its massive cash reserves with shareholders, and claiming that it had violated SEC rules in a proposed amendent to its corporate ...

2 years ago 0 Comments
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The pace is picking up in the lawsuit filed against Apple by Greenlight Capital fund manager David Einhorn. The Wall Street Journal reports that 1 Infinite Loop will issue its response to the suit by this Wednesday, February 13, with Greenlight expected to follow up with its comments by Friday in...

2 years ago 0 Comments
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Best Buy founder Richard Schulze may have stepped down as chairman of the board, but he's certainly not out. His plan to buy the turbulent company has reached the next step -- an agreement which pre-empts the formal offer. Schulze now has access to all the private numbers he'll need to put together...

2 years ago 0 Comments
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After two years of working together in harmony under the separate names Frogster and Gameforge, Frogster's shareholders decided to fully integrate the two and ditch the Frogster name. Not only will this affect the German company's European subsidiaries, but it will also change the Frogster Americ...

3 years ago 0 Comments
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Nexon is now a minority shareholder in MMO publisher NCsoft, having purchased 3.218 million shares of the company from NCsoft chairman/cofounder Taek Jin Kim to the tune of ₩804.5 billion ($685.43 millon) – 14.7 percent of total stock. This makes Nexon the largest shareholder in NCsoft, accord...

3 years ago 0 Comments
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AT&T stockholders took to the ballot box today at their annual meeting and voted not only to reelect the entire board of directors, but also on a number of measures concerning how the company should conduct business. Chief amongst them was a provision that would have required the carrier to op...

3 years ago 0 Comments