@Alpha, the main value for ATVI here is Blizzard, which is a huge cash cow to fund development. I don't know if the rest of VU has IPs of great value, but the clear incentive here was Blizzard. The company is being called Activision Blizzard. Vivendi is getting 52% of the company (which is diluting ATVI shareholders significantly) and 6 of the 11 board members.
Going to have to run the math, but $27.50 (the tender) may be a good exit just on a short-term valuation but this stock will be good for a long-term run in a bull market.
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Going to have to run the math, but $27.50 (the tender) may be a good exit just on a short-term valuation but this stock will be good for a long-term run in a bull market.