Vivendi looks set to abandon plans for a quick sale of its 60% stake in Activision Blizzard...
Friday, August 3, 2012, 4:48 AM ETVivendi looks set to abandon plans for a quick sale of its 60% stake in Activision Blizzard (ATVI) after receiving no worthwhile offers for the computer gaming company, whose $13B value is too high for potential suitors, the FT reports. The speculation follows Activision's Q2 earnings beat yesterday. Vivendi is carrying out a broad review of its businesses and could sell Brazilian broadband operator GVT.
Latest Consumer Articles