The Actiblizzard merger seemed like a good idea for everyone – at the time. A Bloomberg report from Delaware online reveals that not everyone is happy about the move. Apparently some of the original investors are so unhappy about Vivendi buying in that Activision is now facing lawsuits.

Coming forward in opposition of Activision Blizzard was the Wayne County Employees’ Retirement System, who stated on February 8 that the deal will leave Activision investors in an “unfavorable minority position” to the Delaware Chancery Court in Wilmington. The lawsuit cites that Activision didn’t keep the best interests of their pre-existing investors in mind when allowing the French Vivendi to purchasing a controlling share.

The litigious party’s lawyers stated that, "The merger, stock purchase and tender offer, working in concert, convey control of Activision to Vivendi but fail to offer the Activision stockholders an opportunity to realize a true control premium for their stock."

The conditions of the lawsuit are still unclear. It is understandable that investors would be a little put off by the sweet deal tendered for Vivendi. To remind readers what the deal entails, “French owned company Vivendi is set to pay $1.7 billion in cash for the majority stake in Activision Blizzard, which will offer to buy back as much as $4 billion in shares at a price of $27.50 each.” Being relegated to an “unfair minority position” wouldn’t be fun for anyone after seeing those numbers.