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Activision Blizzard
Activision aquires Vivendi Games.
Posted by Nikole on 07/08/2008 4:08pm

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Tags: activision, vivendi, blizzard

It's official. Activision has received shareholder approval for the merger with Vivendi, with over 92% approving the transaction. This merger has taken about 8 months since it's first rumors to be finalized. Blizzard and Sierra, who are owned by Vivendi, will now be apart of Activision. As a result of the merger, the company will be getting a new name, Activision Blizzard.

Vivendi will be receiving roughly 259.3 million newly issued shares of Activision stock, going at $27.50 per share, for a grand total of over $1.7 billion. Vivendi will own about 52% of the company. It will continue to be traded as ATVI, despite the name change. According to the Washington Post, Activision Blizzard could make upwards of 1.38 billion in profits earring it's first year, making it the largest game publisher in the world.

Numerous Analysts agree this is a good for the gaming community as a whole, especially if speculation is true of it dethroning EA as top publisher. Activision is most famous for Guitar Hero and Blizzard is most famous for World of Warcraft, but together we can expect some exciting and innovative new games.

3 people commented on this



Good, EA's quality is usually fucking SUCK. But Activison and Blizzard (especially) both have good quality.

 


I just wish I bought some stock way back when it was just a rumor. Now it's going to have an insane price per share. Well, I tried to buy stock but because I've never 'officially' been employed the stock market doesn't think that I exist. =(

 


Now just imagine if that April Fools joke actually came true. You know, the one abut the Bard class and playing GH to activate spells. That would be awesome. :)

 

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