Posts with tag shareholders

WoW Insider sister site Big Download is reporting that the Activision-Blizzard merger is getting closer and closer to reality. They recently won another victory in court today, as a Delaware court struck down an attempt by the Wayne County Employees' Retirement System to gain a preliminary injunction against the deal.

We're now coming up fast the July 8th Activision shareholders' meeting, where they will vote to approve the merger. Activision has already said that they expect the merger to be official on or about July 9th, according to Big Download.

This, of course, squeaks in just under the wire for the E3 expo. Activision-Blizzard has already said they don't plan to participate, but that they will hold a press conference on or near the dates of the expo. It seems likely now that they will be officially announcing the completion of their merger.

Of course, we here at WoW Insider are hoping the merger isn't the only thing they reveal. A WoTLK cinematic and official release date or another L70ETC song on Guitar Hero would be nice, I'd say.

In Blizzard company news, another major milestone for the planned Blizzard-Activision merger is now set for July 8th, when a special meeting of Activision's shareholders will vote on their merger with Vivendi Games, Inc., the parent company of Blizzard. The meeting will take place in Beverly Hills, CA.

So far, Activision's been clearing the hurdles to the merger nicely, and executives from both companies seem pretty excited about the deal, so It seems unlikely that the shareholders will balk too much (then again, there is that lawsuit).

The timing of this meeting is apparently later than expected according to sister site Big Download, but it is worth noting that it still beats out E3, which will take place on July 11th-13th. You'll recall that Blizzard and Activision dropped out of E3. Rumor has it that they are also planning to hold a press conference during E3, on the first day, and being able to reveal final details of when, where, and how the merger will complete during that press conference would be quite a coup, for sure.

[Via Big Download]