Best News Network

Activision Blizzard Says Microsoft And Bobby Kotick Have Not Discussed His Post-Acquisition Employment

Activision Blizzard has stated in a new court filing that its CEO, Bobby Kotick, and Microsoft have not discussed what his potential employment status will be following the completion of Microsoft’s acquisition of the company. 

This news comes by way of Axios’ Stephen Totilo on Twitter, who noted over the weekend that on Friday, April 15, Activision Blizzard added a line to its main filing about its planned sale to Microsoft.

Here’s what the new line is, in full

“No discussions or negotiations regarding post-closing employment arrangements with Microsoft occurred between Microsoft and Mr. Kotick prior to the approval and execution of the merger agreement and the transactions contemplated thereby, or have occurred subsequent to such approval and execution, through the date hereof.” 

As you can see, it’s quite clear in meaning: Kotick and Microsoft have not discussed plans for Kotick and his role, if any, at the company following Microsoft’s purchase of Activsion Blizzard.

This filing update comes amidst ongoing calls for Kotick to resign in light of everything that’s been happening at the publisher-studio company over the past year. That includes months of lawsuit filings that detail harassment, discrimination, and more at Activision Blizzard. Kotick reportedly knew of the publisher’s history of sexual misconduct, too, and said he would consider resigning if the company’s workplace issues aren’t fixed soon (although, Activision Blizzard walkouts demanding his resignation have already occurred). 

In light of all that, many have speculated that Kotick would receive what’s known as a “golden parachute” upon the closing of the acquisition. This parachute would seem him step down from his position as Activision Blizzard CEO with a hefty amount of money in his pocket to do so after the merger . Only time will tell if that happens, but according to this new court filing, discussions of such a golden parachute or even more plainly, Kotick’s employment status after the acquisition, have not occurred. 

[Source: Axios’s Stephen Totilo on Twitter]


Wesley LeBlanc is an Associate Editor for Game Informer. You can follow him on Twitter @LeBlancWes. Feel free to DM him there or email him at [email protected] for news tips, potential stories, and more.

Stay connected with us on social media platform for instant update click here to join our  Twitter, & Facebook

We are now on Telegram. Click here to join our channel (@TechiUpdate) and stay updated with the latest Technology headlines.

For all the latest gaming News Click Here 

 For the latest news and updates, follow us on Google News

Read original article here

Denial of responsibility! NewsAzi is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.