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Vivendi (VIV.PA)
Vivendi to Acquire a Controlling Stake in Activision
Vivendi to Acquire a Controlling Stake in Activision
New York Times - December 3, 2007
Submitted by Penguin929 (733) at 1:12PM PST on December 2, 2007
"Under the arrangement, the companies said that Vivendi would pay $27.50 a share and make a cash infusion of $1.7 billion to acquire a 52 precent stake in Activision, valuing the entire company at $18.9 billion. Vivendi will subsequently fold its games operations into those of Activision in a new company to be called Activision Blizzard."
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