Investor sues Activision over merger

While EA’s takeover bid for Take-Two has hogged all the limelight for the past week, there is finally some other big news concerning another major deal. According to a report from Bloomberg, an investor has sued Activision as it is disgruntled with the terms of the publisher’s merger with Vivendi SA. The investor, Michigan-based Employees’ Retirement System, alleges that the company’s management failed to…