Vivendi (VIVHY.PK) may try to sell its 60% stake in Activision (ATVI +2.2%) back to the company...
Thursday, August 16, 2012, 2:36 PM ETVivendi (VIVHY.PK) may try to sell its 60% stake in Activision (ATVI +2.2%) back to the company after having failed to find a buyer, Bloomberg reports. But there are doubts such a move is feasible, particularly since Activision would probably have to borrow at least $5B to make it happen. Vivendi is also said to have hired bankers to evaluate options for Brazilian carrier GVT, as the conglomerate tries to reduce its telecom exposure. (earlier)
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