Activision Appeal on Blocked Stock Sale Awaits Speedy Ruling

Activision Blizzard Inc. (ATVI), the largest U.S. video-game publisher, might soon be able to proceed with a $5.83 billion share buyback and planned sale of $2.34 billion in company stock to insiders.

Following arguments in Dover today, the Delaware Supreme Court said it may rule before an Oct.15 termination date for the transaction, possibly this week.

To contact the reporter on this story: Phil Milford in Wilmington, Delaware at pmilford@bloomberg.net

To contact the editor responsible for this story: Charles Carter at ccarter12@bloomberg.net

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