Friday, November 28, 2014
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Sony's New E-Paper FES Watch Appears Online
Amazon Releases Deals of the Year on Cyber Monday
Germany To Get Secure Phones By BlackBerry
Xbox And Playstation Black Friday Deals
Toshiba Launches ARM-Based Application Processors with Sound, Image Data-Mining and Security Functions
Pioneer To Release The BDR-XU03JM Portable Blu-ray Drive For Macs
Syrian Electronic Army targets CNBC, Telegraph, Independent, PCWorld
GoPro Camera Drones In The Works: report
Active Discussions
Hi All!
cdrw trouble
CDR for car Sat Nav
DVD/DL for Optiarc 7191S at 8X
Copied dvd's say blank in computer only
Made video, won't play back easily
New Features In Firefox 33
updated tests for dvd and cd burners
 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 1998-2014 - All rights reserved -
Privacy policy - Contact Us .