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  • Blog Post: Report: Former Activision Parent Company Considered Firing CEO Kotick

    Last year, Activision bought its independence from ailing parent company Vivendi to the tune of $8 billion. The move was orchestrated by CEO Bobby Kotick, who lead an investor group responsible for $2.34 billion of the funding. Bloomberg is reporting that Vivendi considered firing Kotick during the buyout... More
  • Blog Post: Vivendi Selling 41.5 Million Shares Of Activision Stock

    Vivendi is cashing in again on its now-minority stake in Call of Duty publisher Activision. Last year, Activision purchased its independence from the ailing company for $8 billion. That transaction left Vivendi with 12 percent ownership, which is about to be cut in half. The sell-off would be worth approximately... More
  • Blog Post: Activision Completes Vivendi Stock Buyout

    Yesterday the courts lifted a temporary injunction threatening to demolish the Activision buyout of now-former parent Vivendi . Today the deal has been sealed, and Activision is officially free of its debt-plagued parent. The stock buyout was orchestrated to include an internal buy-back of $5.83 billion... More
  • Blog Post: Activision Allowed To Purchase Stake In Company From Vivendi

    The Delaware Supreme Court has lifted a preliminary injunction to pave the way for Activision to buyout 429 million shares (plus tax attributes) in the company from current owners Vivendi for $492 million by October 15. Previously , a lower court blocked the sale due to a lawsuit filed by shareholder... More
  • Blog Post: Activision Appeals Halting Of Vivendi Buyout

    Activision tried to buy itself out from under Vivendi, but that got put on pause. Now Activision is trying to get the buyout unpaused. On October 10, Activision will make its appeal before Delaware's Supreme Court in hopes of overturning its planned $8.2 billion deal to buy independence from French... More
  • Blog Post: Court Temporarily Prevents Activision Blizzard's Vivendi Buyout

    Activision Blizzard was hoping to buy out Vivendi and gain its autonomy – a move that would have prevented the French media company from bleeding the game developer/publisher's reserves. However, a recent court order throws the transaction into jeopardy. The stock buyback didn't make everyone... More
  • Blog Post: Second Activision Shareholder Files Suit To Stop Vivendi Split

    In Late July, Activision orchestrated a massive stock buyout to split itself from former parent Vivendi. The move was necessitated by a looming threat of a "special dividend" that would bleed the Call of Duty publisher of billions in cash reserves. In August, a shareholder objected, filing... More
  • Blog Post: Update: Activision Buys Independence From Vivendi For $8 Billion

    Update: On a special call with investors, Activision disclosed more details about its acquisition of Vivendi's United States holding company. Vivendi, which up until yesterday held 60 percent of Activision Blizzard shares, will now control approximately 12 percent (83 million of 690 outstanding shares... More
  • Blog Post: Report: Vivendi To Make Move This Week To Withdraw $2 Billion From Activision

    Earlier this month, we reported that Activision Blizzard parent Vivendi was set to make a move that would pay down its debt from the Call of Duty publisher's coffers. The action would help pay down a small part of significant debt. As we mentioned in May, Activision has typically used a risk-averse... More
  • Blog Post: Report: Vivendi Turns To Activision Blizzard To Solve Its Financial Woes

    After failing to find a buyer for its controlling shares in Activision Blizzard, Vivendi may take out a gigantic loan in the publisher's name for some much-needed financial relief. According to the Financial Times (via Reuters ), Vivendi will gain new managerial powers over Activision Blizzard tomorrow... More
  • Blog Post: Report: Microsoft, Time Warner Vetted As Suitors For Activision Blizzard

    Vivendi, majority owner of Activision Blizzard, may be looking to sell the video game publisher/developer, and Microsoft and others are being sized up for the sale. Reuters reports that multiple sources have told it that Vivendi has hired a bank to check out potential suitors for Activision Blizzard... More
  • Blog Post: Footage Surfaces Of Cancelled Bourne Project Treadstone Game

    A few years ago, Radical Entertainment was working on a multiplayer Bourne game based for Vivendi, which owned the rights to the Robert Ludlum estate's Bourne IP. The game was working under the name "Project Treadstone" (named for the nefarious, ultra-secret government program that turned... More
  • Blog Post: Bobby Kotick Explains What Really Happened With Brutal Legend

    Before last year's release of Brutal Legend, there was a whole lot of drama surrounding the game. First, Activision dropped the game from its publishing plans after merging with Vivendi, Brutal Legend's original publisher. Then EA Partners picked it up. Then, in an unexpected move, Activision... More
  • Blog Post: Kotick: Activision Could Have Bought Blizzard For $7 Million

    In 2007, Activision merged with Vivendi Games to form Activision Blizzard. The deal was worth roughly $18 billion, which is a big chunk of change compared to another transaction that involved Blizzard back in 1995. President and CEO of the company, Bobby Kotick, has some interesting insight regarding... More
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