Activision Blizzard On Block, Says Report
Los Angeles-based videogame maker Activision Blizzard is on the block, with majority owner Vivendi looking to sell the video game business, according to reports this week. Reuters, citing five sources "close to the situation," said that the firm is looking for bidders on Activision. Vivendi owns 60 percent of Activision Blizzard. The article said that Time Warner, Microsoft, Chinese gaming firm Tencent, as well as a number of private equity firms have been approached about the sale.
posted on Thursday, July 12, 2012
Related companies:
Activision
Related stories:
> Activision Blizzard Cutting Jobs in Los Angeles, According to Filings
> Vivendi Activision Deal Completes
> Activision Blizzard Settles Infinity Ward Lawsuits
> Activision, Vivendi In $18.9B Deal
> Activision Taps Advertising Agency For Publishing Chief
socalTECH.com Home