[Posted on July 3, 2008 - 11:20 AM]
Rock On!
If all goes to plan video game publisher Activision Inc.'s Guitar Heroes will soon be rocking out with Vivendi SA's World of Warcraft's avatars.
Activision said Wednesday that the Delaware Court of Chancery denied the Wayne County Employees' Retirement System's request for a preliminary injunction to halt a shareholder vote relating to Activision's proposal to combine with Vivendi Games Inc. , the interactive entertainment business unit of French media conglomerate Vivendi.
In February, the Detroit pension fund brought the suit claiming directors of Santa Monica, Calif.-based Activision had not obtained the best deal for shareholders.
For the full story, go to TheDeal.com



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