Friday, March 06, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
ASUS Announces New GR8S Steam Machine
Windows Also Vulnerable to FREAK Encryption Flaw
Fujitsu Technology Recognizes Faces Appearing In Low-Resolution Images
Apple Allowed App Developers Fine-tune Apps Before Watch Debut
Google Introduces Insurance Shopping Site
U.S. Trade Office Releases Latest Notorious Markets List
MPEG LA Introduces License for DisplayPort
Toshiba Starts Shipping 20-Megapixel CMOS Image Sensor For Mobile Devices
Active Discussions
Hello
Newbie
Need serious help!!!!
burning
nvidia 6200 review
Burning Multimedia in track 0
I'm lazy. Please help.
sanyo e6 camera
 Home > News > Games > Activis...
Last 7 Days News : SU MO TU WE TH FR SA All News

Saturday, October 12, 2013
Activision,Vivendi Deall Completed


Activision Blizzard and a group led by Chief Executive Officer Bobby Kotick completed their $8.2 billion buyout of most of the stake held by Vivendi SA.

The video game publisher bought back $5.83 billion of stock from Vivendi, and Kotick and his partners paid $2.34 billion, according to a statement on Friday.

Activision gains the freedom to consider acquisitions and growth opportunities without the uncertainty of a struggling parent. The buyout came a day after the Delaware Supreme Court said a shareholder vote on the transaction wasn't required.

A Delaware Chancery Court judge had blocked the purchase of Vivendi's stock after a shareholder sued, arguing the transaction would allow Kotick's group to exercise control over the company without approval by a majority vote of investors outside Vivendi.

"We expect immediate shareholder benefits in the form of earnings-per-share accretion and strategic and operational independence," Kotick said in the statement.




Previous
Next
Three Xbox 360 Holiday Bundles For Xbox Fans        All News        AT&T's New Customers To Be Offered Data-share Plans Only
Three Xbox 360 Holiday Bundles For Xbox Fans     Games News      M.O.J.O. Micro-Console for Android Available For Pre-order

Get RSS feed Easy Print E-Mail this Message

Related News
Call of Duty: Advanced Warfare is the Biggest Entertainment Launch of 2014
CoD: Advanced Warfare Collector's Editions Announced
Call of Duty: Ghosts Launched
Court Halts Activision Deal With Vivendi
Call of Duty: Black Ops II Grosses $1B in 5 Days
Call Of Duty: Black Ops II Sales Exceed $500 Million
Call of Duty: Black Ops II Now Available Worldwide
Activision Settles Suit With Game Developers
Call of Duty: Modern Warfare 3 Sets All-Time Record for the Game Launch
Activision Ends Guitar Hero Franchise
Call of Duty: Black Ops Surpasses $1 Billion in Sales Worldwide
Aerosmith "Guitar Hero" AVailable

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .