Activision-Vivendi deal approved by EU

MCV Staff 16th April 2008 Publishing

Vivendi has officially been give permission to proceed with its proposed merger with former rival Activision, according to

Reuters.

The terms of the deal mean that French telecom and media group Vivendi will boast a 52 per cent share in new industry giant Activision Blizzard.

As the European Commission rubber-stamped the merger, it added that for all categories of game software, the combined firm would continue to face several strong, effective competitors, such as Electronic Arts, and the game console manufacturers, such as Sony, Nintendo and Microsoft.”

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