An SEC filing (analysed here by The Verge) has revealed new details about Microsoft’s proposed acquisition of Activision Blizzard for $68.7 billion which suggest Activision Blizzard CEO Bobby Kotick could make millions.
According to the filing, Kotick will leave with quite a fortune. His 4,317,285 shares alone amount to a whopping $410,142,075 in liquidity, while a “golden parachute” clause in the deal will earn him an additional $14,592,302 if he decides to stay and Microsoft terminates his contract anyway. Kotick apparently retains 2.2 million in stock options, as well, which could be worth hundreds of millions.
from We Got This Covered https://ift.tt/wp1dgTv
