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Vivendi having trouble finding a suitor for Activision Blizzard - report

Earlier this week, reports emerged that Vivendi had entered talks with a number of major companies to sell off its majority stake in Activision Blizzard, but at the moment, potential buyers aren't showing much interest.

Tom Curtis, Blogger

July 13, 2012

1 Min Read
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Earlier this week, reports emerged that Vivendi had entered talks with a number of major companies to sell off its majority stake in Activision Blizzard, but at the moment, those potential buyers aren't showing much interest. According to Bloomberg, anonymous sources claim that Vivendi has spoken with companies including Microsoft, Disney, and Take-Two, though at the moment, none of these organizations are ready or willing to purchase the World of Warcraft and Call of Duty publisher. In addition, Vivendi reportedly approached China's Tencent and Japan's Nexon, though sources claim that neither company could afford Activision Blizzard, as Vivendi is seeking a full cash sale up-front. When asked whether the Activision Blizzard sale is really happening, Vivendi chairman Jean-Rene Fourtou only said, "It’s a possibility." Activision Blizzard CEO Bobby Kotick, meanwhile, was coy about the future of his business, and told press, "It's great weather." Be sure to keep an eye on Gamasutra as the story develops, as we'll continue to provide coverage as new details come to light.

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2012

About the Author

Tom Curtis

Blogger

Tom Curtis is Associate Content Manager for Gamasutra and the UBM TechWeb Game Network. Prior to joining Gamasutra full-time, he served as the site's editorial intern while earning a degree in Media Studies at the University of California, Berkeley.

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