REPORT - Vivendi's Search For Activision Suitors Off To Slow Start
Vivendi SA (VIV) Chairman Jean-Rene Fourtou, looking for a buyer for the company’s $8.1 billion stake in Activision Blizzard Inc. (ATVI), is finding little enthusiasm among potential suitors.
Fourtou, in an interview yesterday at the Allen & Co. media conference in Sun Valley, Idaho, said Vivendi may sell its 61 percent stake in Activision, the largest U.S. video-game publisher. Microsoft Corp. (MSFT), maker of the Xbox console, Take-Two Interactive Software Inc. (TTWO) and Walt Disney Co. (DIS), the world’s largest entertainment company, aren’t pursuing bids, people with knowledge of their plans said.
Full report here
Fourtou, in an interview yesterday at the Allen & Co. media conference in Sun Valley, Idaho, said Vivendi may sell its 61 percent stake in Activision, the largest U.S. video-game publisher. Microsoft Corp. (MSFT), maker of the Xbox console, Take-Two Interactive Software Inc. (TTWO) and Walt Disney Co. (DIS), the world’s largest entertainment company, aren’t pursuing bids, people with knowledge of their plans said.
Full report here
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