Activision appeals to Delaware Supreme Court to lift block on massive Vivendi deal

Publisher Activision Blizzard will appear before the Delaware Supreme Court on Oct. 10 in an effort to push through its $8.17 billion deal with Vivendi, according to Reuters.

Judge Travis Laster of the lower Delaware Court of Chancery put a temporary stop to the deal, which would have Activision buying back a majority of shares from parent company Vivendi, after Activision investor Douglas Hayes sued the publisher’s board. In his lawsuit, Hayes alleged that the deal would “unjustly enrich [co-chairman Brian] Kelly, [Activision CEO Bobby] Kotick, and the other participants.”