Vivendi Still Considering Sale of Activision Blizzard Holdings, Says Source

According to a report on C&VG, Vivendi has not ruled out a sale of its majority stake in Activision Blizzard. Despite the comments from Vivendi finance director Philippe Capron that the company had ruled out a "straight break-up" of its media and telecoms operations, an unnamed "credible" source "connected to the matter" tells the publication that a sale of Activision Blizzard "absolutely remains under consideration."

The report goes on to say that the biggest problem for Vivendi is the price tag it has put on the division. The report also claims that Microsoft held talks with Vivendi but "negotiations had not advanced" and that the company had talked with Sony, who was not interested in making the purchase.

We'll have more on this story as it develops. Activision Blizzard and Vivendi have not made a public comment on this story, despite requests.

Source: C&VG

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