Now that Microsoft settled to pay $250 million to Activision shareholders led by Swedish pension fund Sjunde AP-Fonden, comments of the former chief executive, Bobby Kotick, resurfaced, in which he alleged the lawsuit was merely a means to strengthen Swedish publisher Embracer Group’s position in the market.
That is according to Eurogamer, which, citing Game File, writes how Kotick argued the lawsuit was only “aimed to help Embracer increase its foothold in the California market at the expense of Activision.”
This was in response to Sjunde alleging that Kotick “rushed” the merger to keep his position in the company and cash in on change-of-control bonuses, as we wrote yesterday, but also to “avoid the consequences of sexual misconduct scandals swirling around the company.”