Thursday, April 19, 2018
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
SpaceX Successfully Launches NASA's TESS Spacecraft
LG SmartThinQ Home Appliances Get Amazon Alexa Connectivity
Huawei Announces New Honor 10 Flagship Smartphone
Garmin Announces Connect IQ 3.0 with New apps from Trailforks, Yelp, iHeartRadio
Intel Open Sources the nGraph Compiler for Deep Learning Systems
Facebook Seeking to Hire Chip Designers
Regulatory Filing Hints at New iPhones
Western Digital Pushes Conventional Magnetic Hard Disk Tech to its Limits in New 14TB Ultrastar DC HC530
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 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
BLIZZCON Returns With News About DeepMind AI Playing Starcraft, 'Overwatch' e-sports League
New 'Call of Duty' Game Generated $550 million Over Weekend
Activision Launches Film Studio
Activision Blizzard Buys King Digital for $5.9 bn
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

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .