Activision facing lawsuit over Vivendi deal

Investor claims that company directors failed to obtain the best deal

Gamedaily.com reports that the merger pushes investors into an “unfavourable minority position”.

The complaint reads: "The merger, stock purchase and tender offer, working in concert, convey control of Activision to Vivendi but fail to offer the Activision stockholders an opportunity to realise a true control premium for their stock."