| KonohaFlash Canada. July 01 2012 07:36. Posts 1590 | Profile # |
http://www.bloomberg.com/news/2012-06-29/vivendi-said-to-plan-sale-of-stake-in-activision-blizzard.html
Vivendi SA (VIV), the media and telecommunications company that ousted its chief executive this week, has decided to seek a buyer for its $8.1 billion stake in Activision Blizzard Inc. (ATVI), a person with knowledge of the situation said.
Should no buyer emerge for the 61 percent holding in the Santa Monica, California-based video-game publisher, Paris-based Vivendi plans to sell shares in the market, said the person, who sought anonymity because the plans are private.
Vivendi, the company the owns ActivisonBlizzard, is looking to sell their stake of the joint companies for $8.1 billion.
If they don't get a buyer, they are looking towards selling the shares to the market. It seems the main reason for this, is they are seeing a large growth in the social media sector, and the decline of traditional home consoles from Micro, Sony, and Nintendo is their reason for selling their shares and putting the money towards the social media side of things.
What do you guys think about this, who could possibly step up to the plate and buyout ActivisionBlizzard?
Google methinks 
edit: Apparently the Vivendi CEO stepped down, because he was opposed to the sale, however the board pushed for it.
http://www.theglobeandmail.com/report-on-business/international-business/european-business/vivendi-ceo-jean-bernard-levy-steps-down/article4376782/Last edit: 2012-07-01 07:39:49 |
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| ddrddrddrddr July 01 2012 07:37. Posts 1240 | Profile # |
| I got ten bucks, who else is in? |
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| Daitakk July 01 2012 07:38. Posts 77 | Profile # |
| Blizzard are going to shit. Mists of Pandaria, Diablo 3... hopefully HotS breaks that trend. |
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| cz United States. July 01 2012 07:39. Posts 3214 | Profile Blog # |
Nope. D3 soured me on Blizzards ability to put out high quality games. They sold out in favor of the RMAH (dumbing down the game and making everything RMAH-centric) and are no longer the quality company they once were.
No buy.Last edit: 2012-07-01 07:39:37 |
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| griMetone Denmark. July 01 2012 07:39. Posts 56 | Profile # |
| Tencent aka Riot Games maybe. It would make me laugh to say the least. |
| | "Change favors the prepared mind." |
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| Weebem-Na United States. July 01 2012 07:39. Posts 215 | Profile # |
I'd rather we all bought a piece than any other company.
period. |
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| Euronyme Sweden. July 01 2012 07:40. Posts 3781 | Profile # |
How big of a part do they actually have? 8.1 billion dollars worth of stock, ok, but how much is that of the whole company?
Still pretty interesting. I hope we don't get another old business man who has no clue about games who's gonna push release dates for their games =(
Cod is bad enough. We don't need an unbalanced Legacy of the Void released december 2012 :/ |
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| zezamer Finland. July 01 2012 07:40. Posts 1805 | Profile # |
| Hope the new owners will be able to produce quality games once again. Every single game/expansion after Wow:TBC has been a disappointment except SC2 |
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| papaz Sweden. July 01 2012 07:42. Posts 3746 | Profile # |
I wonder if the next-gen MMO Titan is part of the calculation when trying to get a good price for their share.
What if Titan is the real WoW killer and will have like 15 million subs? |
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 Myles United States. July 01 2012 07:43. Posts 4106 | Profile Blog # |
| edit:wrong thread Last edit: 2012-07-01 07:43:12 |
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| heliusx United States. July 01 2012 07:43. Posts 1521 | Profile Blog # |
On July 01 2012 07:39 griMetone wrote:
Tencent aka Riot Games maybe. It would make me laugh to say the least.
gosh, two horrid companies. it would be a match made in heaven. |
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| KonohaFlash Canada. July 01 2012 07:43. Posts 1590 | Profile # |
On July 01 2012 07:40 Euronyme wrote:
How big of a part do they actually have? 8.1 billion dollars worth of stock, ok, but how much is that of the whole company?
Still pretty interesting. I hope we don't get another old business man who has no clue about games who's gonna push release dates for their games =(
Cod is bad enough. We don't need an unbalanced Legacy of the Void released december 2012 :/
61% of the company if I read correctly. |
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| cz United States. July 01 2012 07:43. Posts 3214 | Profile Blog # |
On July 01 2012 07:39 griMetone wrote:
Tencent aka Riot Games maybe. It would make me laugh to say the least.
They don't have nor are they worth anywhere near 8.1 billion |
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| Psychobabas United Kingdom. July 01 2012 07:45. Posts 1970 | Profile Blog # |
| Does this mean there is a possibly that Kotick will step down as CEO? Hopefully? |
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| Daitakk July 01 2012 07:45. Posts 77 | Profile # |
On July 01 2012 07:42 papaz wrote:
I wonder if the next-gen MMO Titan is part of the calculation when trying to get a good price for their share.
What if Titan is the real WoW killer and will have like 15 million subs?
I doubt Vivendi are selling up before Blizz release a "wow killer". |
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| JBright Canada. July 01 2012 07:46. Posts 3804 | Profile # |
On July 01 2012 07:43 cz wrote:
Show nested quote +On July 01 2012 07:39 griMetone wrote:
Tencent aka Riot Games maybe. It would make me laugh to say the least.
They don't have nor are they worth anywhere near 8.1 billion
Riot definitely doesn't have that much but Tencent (who bought Riot) can since they are the third largest Internet company in the world behind Google and Amazon. |
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| blade55555 United States. July 01 2012 07:47. Posts 14120 | Profile Blog # |
On July 01 2012 07:45 Psychobabas wrote:
Does this mean there is a possibly that Kotick will step down as CEO? Hopefully?
We can only wish  .
Hopefully for some reason whoever buys activision/blizzard kicks activision in the face and it's just blizzard again |
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| TheAmazombie United States. July 01 2012 07:47. Posts 3643 | Profile Blog # |
Should we all start a kickstarter project to buy Blizz? Sounds like a plan.
I hope that it goes to someone good, not like Apple or some crap. |
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| Mawi Sweden. July 01 2012 07:48. Posts 4268 | Profile # |
after the horrible cataclysm + d3 im not sure im gonna play any of their titan in 2013, let alone im waiting for a game that is coming out late august,
just damn 8.1bill for a gaming company.... imagine how |
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 SeaSwift Scotland. July 01 2012 07:49. Posts 4485 | Profile Blog # |
On July 01 2012 07:47 TheAmazombie wrote:
Should we all start a kickstarter project to buy Blizz? Sounds like a plan.
I hope that it goes to someone good, not like Apple or some crap.
I say we just launch a huge internet campaign to get Valve to buy it.
Can you imagine HotS... but with HATS?! |
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