Activision to Buy Back Most of Vivendi’s Controlling Stake

Activision Blizzard Inc. said it has reached an agreement to buy back nearly $6 billion worth of Vivendi SA’s holding in the company, ending months of negotiations over the fate of the videogame giant. Santa Monica, Calif.-based Activision said Thursday it will buy 429 million shares for about $13.60 per share, reducing Paris-based conglomerate Vivendi … Continue reading

Follow

Get every new post delivered to your Inbox.

Join 99 other followers