Vivendi looks set to abandon plans for a quick sale of its 60% stake in Activision Blizzard...

|About: Activision Blizzard, Inc (ATVI)|By:, SA News Editor

Vivendi 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.