Vivendi's sell-off of Activision Blizzard has hit some significant snags, as lawsuits from shareholders have halted the $8.2 billion deal. Now Vivendi has filed an emergency appeal to get the major deal rolling.
Newsbrief: Vivendi's sell-off of Activision Blizzard has hit some significant snags, as lawsuits from shareholders have halted the $8.2 billion deal. Now, The Wall Street Journal reports that Vivendi has filed an emergency appeal to get the major deal rolling again. "The injunction leaves Activision and its stockholders in limbo and at risk of losing an $8 billion deal that will return the company to public control," Activision lawyers argued in the appeal. More at The Wall Street Journal [reg. required].
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