Generous sprinkle $ 8.2 billion seeking independence, Activision Blizzard officially parted ways with Vivendi

Jul

26

2013

When combined sensation, however late Vivendi’s financial position, so that the separation is not surprised now.

Activision Blizzard announced earlier to total $ 8.2 billion price, the acquisition of the majority stake held by the parent company Vivendi; Activiison Blizzard is in complete independence, continued by the current CEO Bobby Kotick helm.

In this transaction, Activision will pay $ 5.83 billion in cash to acquire Vivendi original holders of 429,000,000 shares, another CEO Bobby Kotick and co-chair Brian Kelly took out $ 2.34 billion joint, while the acquisition of 172 million shares .

vivendi_group
Time back in December 2007, when Activision and Vivendi Group’s holding Blizzard Vivendi Games and Sierra Entertainment’s merger transaction amount was $ 18.8 billion the following year, Vivendi complete enterprise integration, naming Acvitision Blizzard, it was not to become the world’s largest game companies and fame. In recent years, Vivendi bad because the internal operations and debt problems in Europe, frequently intends to sell shares for cash out of trouble, and even the brains move to sell cash cow Acvitision Blizzard, but because the price is too high, often rejected, this is simply putting Activision Blizzard Vivendi stock packing to go home, formal independence.

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