MCV/DEVELOP News, events, research and jobs from the games industry
Company now owns 6.6 per cent and 6.2 per cent of games firm stocks
Read More »Vivendi execs mulled firing Kotick during Activision buyout – report
Vivendi executives considered firing Activision Blizzard CEO Bobby Kotick during last year’s buyout deal, according to a new report. An exclusive on Bloomberg claims to have obtained multiple emails in which Vivendi’s board discussed the move to dismiss Kotick. The emails are part of a court filing from last month …
Read More »Vivendi sells half of its Activision stake for $850m
French media giant Vivendi is to sell-off more of its investment in Activision Blizzard. Vivendi was once a majority stakeholder in the Call of Duty publisher but that stake will now drop below six per cent as the firm offers a further 41.5m shares of Activision Blizzard stock. It’s a …
Read More »Activision completes $8bn buyout from Vivendi
Bobby Kotick-led investment group also acquires 25 per cent of company
Read More »Activision Blizzard completes buyout from parent Vivendi
Publisher Activision Blizzard is free of its former parent Vivendi. After its plans for a buyout were initially blocked, the company announced this weekend that it had at last completed the transaction. To do so it had to acquire 429m shares and certain tax attributes” from Vivendi at a total …
Read More »Court lifts injunction on Activision sale
Deal freeing publisher from Vivendi to be completed by October 15
Read More »Activision Blizzard: Vivendi buyout injunction lifted
Activision Blizzard has announced it expects to complete its stock buyout from Vivendi next week. The Delaware Supreme Court lifted the injunction regarding the transaction, just a few weeks after shareholders attempted to block it by seeking the preliminary court order – in addition to filing individual lawsuits against the …
Read More »Activision Blizzard to appeal for Vivendi split next month
Call of Duty publisher Activision will attempt to overturn a court decision that has prevented it from buying out its current owner Vivendi. The $8.2bn move, which was announced back in July, was blocked by a Delaware court lawsuit last week. Now the Delaware Supreme Court has said it will …
Read More »Activision appeals block on Vivendi sale
US publisher files emergency appeal to lift injunction before $8.2bn deal expires
Read More »Vivendi’s Activision sale blocked, though publisher pledges to push deal through
Activision’s proposed buyout from current owner Vivendi has been blocked following a lawsuit filed in a Delaware court. The publisher confirmed that the Hayes v. Activision Blizzard case is halting the closing of the transaction unless the injunction is modified on appeal or the transaction is approved by a stockholder …
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