Conglomerate corporation Vivendi plans on selling most of its shares in Activision-Blizzard, publisher to become an independent company
Posted on July 26, 2013 by Austin(@NE_Austin) in General Gaming, News
News has come out today that French mass-media-multicorporation Vivendi is planning on selling the majority of its stock in game publisher Activision-Blizzard, a move that would break the company from the shackles of shareholder interests and return it to being a publicly traded and by-and-large independent company.
What does this mean for their games? Not much. Business should operate as usual over at the publisher, and CEO Bobby Kotick will remain in position after purchasing the shares from Vivendi for a hefty $2.34 billion in cash.
