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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yayPosted:

Mazur
Scanty
Fitness But if Microsoft buys Activision, I bet all cods will suck


Exactly.

Just like the way Microsoft bought Rare and ruined the Banjo series.


oh god microsoft ruins everything


Not necessarily true, they have done SOME good things in the past.

MazurPosted:

M60 I like it the way it is right now i hope they dont get bought out


yeah me too, they probably won't get bought out though.

MazurPosted:

Scanty
Fitness But if Microsoft buys Activision, I bet all cods will suck


Exactly.

Just like the way Microsoft bought Rare and ruined the Banjo series.


oh god microsoft ruins everything

yayPosted:

Fitness But if Microsoft buys Activision, I bet all cods will suck


Exactly.

Just like the way Microsoft bought Rare and ruined the Banjo series.

CearnsyPosted:

I like it the way it is right now i hope they dont get bought out

FitnessPosted:

But if Microsoft buys Activision, I bet all cods will suck

AppzePosted:

SovietRussia
Cruise
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.



That's not nice to be forced to pay for multiplayer ;L


Thats what we have to do every time we get on xbl. I can't stand it.

WamBamThankYouMamPosted:

SovietRussia
Cruise
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.

I hate it too


That's not nice to be forced to pay for multiplayer ;L


Thats what we have to do every time we get on xbl. I can't stand it.

SovietRussiaPosted:

Cruise
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.



That's not nice to be forced to pay for multiplayer ;L


Thats what we have to do every time we get on xbl. I can't stand it.

SecretlyPosted:

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.



That's not nice to be forced to pay for multiplayer ;L


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