Report: Vivendi SA Considering Sale of Activision Blizzard Holdings

According to a Bloomberg report, Vivendi SA plans to host a senior executive meeting later this month to discuss the possibility of unloading its 61 percent stake in Activision Blizzard. The report comes from several anonymous sources close to the situation, according to Bloomberg. The point of the meeting is to find ways to stop the stock from the continued state it has been in over the last year. The report from Bloomberg certainly isn't hurting Vivendi SA's short-term stock price – it has climbed as high as 69 cents today.

Another thing the company is considering – at least according to Bloomberg – is splitting into two different units – a media group and a telecom group. The media group would consist of Universal Music Group, Activision-Blizzard, Canal+, while the telecom group would be comprised of the company's telecommunication holdings such as SFR, GVT, Maroc Telecomm, etc.

Official at Vivendi SA insist that this upcoming meeting is something they have done on a yearly basis since 2005.

Source: GamesIndustry International

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  1. 0
    Left4Dead says:

    You know that all Nintendo has to do is take the Super Mario Bros. ROM, work with the authors of one of the many Nintendo emulator packages out there that they currently hate, and upload to Steam.  They are leaving free money on the table by not bringing their games to the PC.  You'd buy a copy, right?  So would I.

    -- Left4Dead --

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