News

Will Vivendi Sell Activision Blizzard?

Bloomberg is reporting that Vivendi is holding a senior executive meeting on June 22nd to discuss the sale of all or a portion of the companies 61% stake in Activision Blizzard Inc. Vivendi has seen a 28% slide in its  stock price over the last 12 months and is looking for ways to reverse that. Talks of the sale has Vivendi stock jumping up 3% while Activision Blizzard Inc. stock has slid down 1-2%. While nothing is for sure, it’s looking more and more possible that the sale may happen. Stay tuned for further information.

Source: Bloomberg

Tags
Show More

Adam Richardson

Adam is the founder and owner of lvl30 Publishing and the Editor-in-Chief of POCG.co. His responsibilities cover everything from making contacts to final approval on articles for the site. Formerly, before incorporating lvl30, he founded and ran the prior incarnation of POCG (Playing Out of Control Gaming) as well as worked as an editor at various sites including GameStats, Game Post, and Sega Post. When he’s not working on the site he runs the technical support department for a office equipment company. You can reach him at abrichardson at pocg.co

Related Articles

Leave a Reply

Close
Close
%d bloggers like this: