1. Delaware judge allows lawsuit against Activision Blizzard executives to proceed. 2. The lawsuit claims shareholders were shortchanged during Microsoft's $75.4 billion acquisition.
This event does not directly impact MSFT's financials, akin to past M&A legal challenges that often see no lasting repercussions on the acquirer's stock value.
While the lawsuit's outcome can influence public sentiment towards MSFT, historical precedence suggests that such legal matters often have a muted, short-lived impact on stock performance.
In the short-term, there may be volatility related to the lawsuit's unfolding, similar to previous legal disputes affecting stock prices temporarily.