Activision buys itself back from Vivendi for $8.2 billion
posted on 07.26.13 at 12:43 AM EDT by (@salromano)
Call of Duty publisher becomes independent company.

Activision Blizzard has reached an $8.2 billion deal to separate from parent company Vivendi and become an independent corporation.

Under the deal, Activision Blizzard and a group of investors led by the company’s management will buy back shares owned by Vivendi.

The company will buy about 429 million of its shares and certain tax attributes from Vivendi for roughly $13.60 a share, or $5.83 billion total. In addition, Activision Blizzard CEO Bobby Kotick and co-chairman Brian Kelly are leading a group in buying roughly 172 million shares of the company for $2.34 billion.

Vivendi will still have a 12 percent stake in the company, or 83 million shares, but Kotick will continue to lead it and Kelly will become the sole chairman.

Thanks, New York Times.

Play-Asia
  • LordKaiser

    Is this good or bad?

    • King-Podigy-X

      Neither

    • Sevyne

      I wouldn’t say it’s either one. Bobby Kotick is still a scumbag, but Vivendi are equally terrible.

    • adhesive

      It’s good. Call of Duty is actually hurtful to the industry as a whole, but at the end of the day Activision is a company, and is one of the better choices when publishing in the West(if you’re careful). EA is the truly evil company here, they honestly do awful things just for the sake of evil.

    • Locksus

      It’s good. Vivendi has been a huge concern for Activision for quite some time due to their huge debt.

  • http://www.psvitadirect.com/ Kurisu Makise

    Smart moves by Bobby Kotick as always. With Activision Blizzard out of the sinking ship, we can breath a sigh of relief.

  • Zackasaur

    My aunt works high up in this company. lol

    I get free games, which is great… Too bad I hardly ever play anything from Activision. At least I’ll be able to get Destiny on PS4! c;

    • McPoo

      Are you getting downvotes because you have a relative that works for them? That’s pretty ridiculous if that’s the case!

      Even if you take the up/down vote system as agree/disagree, I’m not sure what there is to disagree with here >.>

      • Budgiecat

        because no pics

        • McPoo

          Oh ok, fair enough then. Give the man his pics, for Gods sake Zackasaur.

      • HeatPhoenix

        No because people abuse this dumb downvote system and just downvote whatever without ever saying what they’re opposed to because they’re just too shyyyyyyyy.

        • McPoo

          I’m going to downvote you for that.

    • Budgiecat

      Is she single

    • http://xanhisam.deviantart.com/ xanhisam

      I wouldn’t mind if you send them my way if you don’t play them…

  • LordKaiser

    Unless they remove the always online DRM for multiplayer without LAN option and the single online check for offline play from Star Craft II this means nothing then. They will still be the same company.

    • http://xanhisam.deviantart.com/ xanhisam

      LAN!! If only devs will stop screwing us over because of pirates, ’cause them pirates always find a way to get games up and running be it always-online multiplayer, DRM or what not. We’re the ones who suffer with stripped-down features.

  • http://insanechronos.tumblr.com/ InsaneChronos

    Now Call of Duty is indie?

  • Rafael Martines

    ATLUS try to do the same, don’t let you be bought by Nintendo please ;(

    btw Crash Bandicoot and Spyro the Dragon is under Vivendi or Activision?

    • rurifan

      Ugh don’t even say that. I will actually cry if Nintendo buys more IP I like. DIAF already, nintendo.

  • Karl Josef

    Now give Crash Bandicoot to Sony