Friday, June 8, 2012

Activision Blizzard up for Sale? Say what...

Bloomberg is reporting that the parent company of Activision Blizzard, Vivendi, is meeting later this month to discuss the possible sale of its share in the gaming division to the highest bidder.

Bloomberg citing "people with knowledge of the matter,"  reports that the executive meeting later this month is just one part of a restructuring plan that Vivendi is playing around with along with spinning off the cable television division Canal Plus.

What would that mean for Activision Blizzard?  We would have to see who buys them to be completely sure of that.

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