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Vivendi Merges With Activision to Form Activision Blizzard
Started Dec 04 2007 at 5:02 ET (By PavelR)
Symbols: ATVI
Activision has signed an $18.9 billion agreement to combine Vivendi Games, which includes Blizzard's World of Warcraft, with Activision, creating the world's largest pure-play online and console game publisher. Activision Blizzard will be led by Activision's current CEO, Bobby Kotick. in short - stock price should go up...
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blacktuna
Dec 05 2007 at 2:20 ET
interesting.. can you tell me more about this? I know nothing about gaming but am very interested in it.. Who else are in the gaming space EA?
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PavelR
Dec 05 2007 at 4:55 ET
Vivendi and Activision are behind some of the most popular and critically acclaimed video games of all time. The Vivendi-Activision deal would create an $18.9 billion electronic entertainment juggernaut, rivaling the world's current No. 1 publisher, Electronic Arts, in terms of the variety and types of games it would offer worldwide. The transaction is expected to close in the first half of 2008 pending shareholder and government approval.