Activision Sale in Doubt as Asking Price Sought Few Takers

Vivendi may look elsewhere within its portfolio and not offload Activision after all, as Reuters report [as cited by CVG] that the price that the group is seeking for Activision has seen few takers.

Earlier in the month we reported that Vivendi had apparently ear-marked a number of interested buyers which included Microsoft and Time Warner.

Reuters now report that the sale of Activision at a 25 percent premium over its $8.3 billion market value has proven fruitless. The French conglomerate is reportedly now considering selling another of the groups’ company’s, GVT which is supposedly a “treasured” entity. The Vivendi owned broadband provider GVT could be worth up to 8.5 billion euros.

 

About r0gue Zombie

Known as Victor Vieira to his mommy, r0gue is a Consoloptipus [con-sol-opti-pus] plural: con-sol–opto-pi • Derived from Latin meaning “he who is too cheap to buy a gaming pc” • Commonly found online. If encountered in natural habitat, presume dangerous [to himself]. • From the ‘alles-terian’ group [will eat anything]. Needs regular feeds.