Will Vivendi Sell Activision Blizzard?
Bloomberg reports Vivendi is weighing a sale of all or part of its 61% stake in Activision Blizzard after a 28% stock slide.
Bloomberg reports that Vivendi is holding a senior executive meeting on June 22nd to weigh selling all or part of its 61% stake in Activision Blizzard. The French conglomerate has watched its stock slide 28% over the past year and is hunting for ways to reverse it. The mere talk moved markets, nudging Vivendi’s shares up. A potential change of ownership for the company behind Call of Duty and World of Warcraft is a very big deal for the industry.