activision blizzard

activision blizzard

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The labor union leading the push to unionize workers at Activision Blizzard has called on the Securities and Exchange Commission to investigate the Santa Monica video game publisher for making “inaccurate and misleading disclosures” to investors.

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While video game publisher Activision Blizzard inches toward sealing its $70 billion acquisition by Microsoft, behind the scenes, its employees are ramping up efforts to create a union.

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Microsoft’s proposed $69 billion acquisition of Activision Blizzard is the video game industry’s biggest-ever deal—but while it will likely create a gaming giant by bringing the “Call of Duty” publisher under the Xbox behemoth’s umbrella, legal experts say there is little chance of the deal being called off due to antitrust violations.

The merger is still subject to approval by federal regulators at the Department of Justice and the Federal Trade Commission, a process which could take up to a year. Until then, Santa Monica-based Activision will continue to operate independently with embattled CEO Bobby Kotick at the helm.

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