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Activision Blizzard, Inc (ATVI)

- NASDAQ
  • Jul. 22, 2013, 4:25 AM
    Vivendi (VIVEF.PK) is reportedly expected to discuss plans at a board meeting today for Activision Blizzard (ATVI) to pay a special dividend of over $3B. With a 60% holding in the video-games company, Vivendi would receive $2B, although Activision would have to raise debt to pay for the dividend. Vivendi's directors will also talk about a sale of its controlling stake in in North African phone operator Maroc Telecom (MAOTF.PK) for about $5.5B plus debt to Emirates Telecom. The money will allow Vivendi to reduce its €13.19B debt and could presage a spin-off of its SFR French phone operator subsidiary.
    | Jul. 22, 2013, 4:25 AM | Comment!
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Company Description
Activision Blizzard Inc is an online, personal computer, video game console, tablet, handheld, and mobile game publisher. It has three operating segments: - Activision Publishing, Inc., Blizzard Entertainment, Inc. and Activision Blizzard Distribution.