The lights are on
If you haven't already heard, there are some major financial issues going on with Vivendi. We heard last year that Vivendi will have to sell their 61% stake in Activision-Blizzard. With no buyers, they have resorted to making Activision-Blizzard pay the dividend on it. '
Many news articles are saying that Activision Blizzard will be $400 million in debt after paying Billions for this but I think their math is wrong unless Vivendi is going to help pay the dividend as well. So the math is this. There are about 1.11 Billion outstanding shares. Vivendi owns 61% of those. So the amount of shares Vivnedi owns is 667 Million At around 14.60 a share, it would equate to about $10 Billion that needs to be payed. Activision Blizzard has about $4.6 Billion in cash. If they are expected to pay all of it, then the total amount of money in debt would be over $5 Billion.
So i want to hear your opinions on this "crisis" and what you think will happen to Activision Blizzard in the future