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Shareholder claims of unjust enrichment result in injunction
Read More »Second suit seeks to block Activision deal
$8 billion stock sale cut ties with Vivendi, but another shareholder claims unjust enrichment
Read More »Shareholder seeks to block Activision deal
Lawsuit claims 'unjust enrichment' over sale of 172 million shares to Kotick's investor group
Read More »Activision Blizzard sued by shareholder over Vivendi buyback
Todd Miller, an Activison Blizzard shareholder, has filed a lawsuit over Activision’s recent purchase of Vivendi’s majority stake in the firm. GamePolitics reports Miller filed the suit against Activision, CEO Bobby Kottick, and the rest of the company’s board of directors for a breach of fiduciary duties, waste of corporate …
Read More »Activision profits up 75 percent
First quarterly report since independence shows company is cautious about the future
Read More »Activision goes independent from Vivendi
Public is majority shareholder after $8.2bn stock buyout
Read More »Activision becomes independent from Vivendi in $8.2bn deal
One of the world’s biggest games companies is set to buy back its independence from owner Vivendi. The Call of Duty publisher Activision will buy 429 million shares from the French Media and Telecoms conglomerate for $5.83bn. Meanwhile, Bobby Kotick (current CEO) and co-chairman Brian Kelly have formed a investor …
Read More »Vivendi wants $3bn of Activision’s cash
The owner of Activision is rumoured to be preparing a move to grab in the region of $3bn from the cash rich” publisher. The Wall Street Journal reports that Vivendi will at a board meeting today discuss plans to extract” over $3bn from Activision, with which it merged in 2007. …
Read More »Vivendi seeks payout after Acitivision Blizzard sale fails
French telecoms giant Vivendi is reportedly looking for ways to extract cash from Activision Blizzard. The company currently owns a 61 per cent stake in the Call of Duty publisher, but has been trying to sell this over the past few months. With no interest from other parties, Vivendi is …
Read More »Vivendi preparing fresh effort to sell Activision shares?
French media giant Vivendi could once again be preparing to try and sell its interest in Activision. The Wall Street Journal reports that following confirmation of its profits decline earlier this week, Vivendi CFO Philippe Capron confirmed the company’s consideration of a variety of options” regarding Activision Blizzard. "The board …
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