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Activision Blizzard
by Nikole [ Tuesday, 8th of July 2008 - 11:08 PM ]
It's official. Activision has received shareholder approval for the merger with Vivendi, with over 92% approving the transaction. This merger has taken about 8 months since it's first rumors to be finalized. Blizzard and Sierra, who are owned by Vivendi, will now be apart of Activision. As a result of the merger, the company will be getting a new name, Activision Blizzard. Vivendi will be receiving roughly 259.3 million newly issued shares of Activision stock, going at $27. Read More...
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