Delaware Chancery approves $250 million Microsoft–Activision settlement, awards $60 million in fees
Delaware Chancellor Kathaleen St. Jude McCormick on October 23, 2026, gave final approval to a $250 million settlement of stockholder class claims over Microsoft's $75.4 billion acquisition of Activision Blizzard. She overruled merger arbitrage funds that sought to carve their parallel federal securities claims out of the release, and awarded plaintiffs' counsel $60 million in attorney fees.