Activision sale in doubt as Vivendi finds 'few takers'

4.7
Telecoms and entertainment group Vivendi has struggled to find a buyer for its 60 percent stake in Activision Blizzard at the price its seeking, and is instead considering selling its Brazilian telecom unit GVT.

That's according to Reuters sources, who say exploratory talks to offload Activision at a 25 percent premium over its $8.3 billion market value have proven fruitless.
Microsoft, Time Warner, Tencent, Apple and Facebook were all reportedly sounded out about an acquisition, but none were interested at that price. Vivendi later said that it would consider a lower premium of around 12 percent, the report claims.

A sale of broadband provider GVT could be worth up to 8.5 billion euros and is "now being considered internally", a source told Reuters, but another option could be for Activision itself to buy out Vivendi's stake. Executives like Activision CEO Bobby Kotick are said to be interested, but it's unclear if the game publisher could offer enough of a premium to secure a deal.

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Source: http://www.computerandvideogames.com/359025/activision-sale-in-doubt-as-vivendi-finds-few-takers/

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"Activision sale in doubt as Vivendi finds 'few takers'" :: Login/Create an Account :: 53 comments

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FrogPosted:

xbox48hrs i think it wont work


Yeah I don't think it will happen either...!

SovietRussiaPosted:

Amp_
Frog
SovietRussia
AR15 I hope that they don't get bought out


I hope it says the way it is right now. It would cripple sony if MS were to buy them :(


Yeah it would. They'd be screwed in the gaming industry!


As I said before, Sony would be screwed.


But, then again they can't do that because the Microsoft would end up creating a monopoly. (Like they aren't already one)

MoanPosted:

Frog
SovietRussia
AR15 I hope that they don't get bought out


I hope it says the way it is right now. It would cripple sony if MS were to buy them :(


Yeah it would. They'd be screwed in the gaming industry!


As I said before, Sony would be screwed.

FrogPosted:

SovietRussia
AR15 I hope that they don't get bought out


I hope it says the way it is right now. It would cripple sony if MS were to buy them :(


Yeah it would. They'd be screwed in the gaming industry!

SovietRussiaPosted:

AR15 I hope that they don't get bought out


I hope it says the way it is right now. It would cripple sony if MS were to buy them :(

AR15Posted:

I hope that they don't get bought out

SovietRussiaPosted:

Cruise
Kex
SovietRussia
Frog
Aura I was hoping microsoft would buy Activision. This way, all ATVI games would be xbox only.


Yeah same as! And for PC :D


But, then we will be forced to have a 360/720 which means we will have to pay for our online multiplayer.

Yeah that would be bad -_-


Yeah that would be shitty lol


I honestly hope that activision will remain under current ownership.

Commando_84Posted:

i think it wont work

MawderzPosted:

SovietRussia
Frog
Aura I was hoping microsoft would buy Activision. This way, all ATVI games would be xbox only.


Yeah same as! And for PC :D


But, then we will be forced to have a 360/720 which means we will have to pay for our online multiplayer.

Yeah that would be bad -_-

SovietRussiaPosted:

Frog
Aura I was hoping microsoft would buy Activision. This way, all ATVI games would be xbox only.


Yeah same as! And for PC :D


But, then we will be forced to have a 360/720 which means we will have to pay for our online multiplayer.