Activision says U.S. court stops $8.2 bln deal with Vivendi
SAN FRANCISCO, Sept 18
SAN FRANCISCO, Sept 18 (Reuters) - A U.S. court has handed down a preliminary decision to halt Vivendi SA's $8.2 billion deal to sell most of its stake in Activision Blizzard Inc back to the U.S. company, the games publisher said on Wednesday.
Last week, an Activision shareholder had filed a lawsuit against both parties, seeking an injunction to the deal. The company said the Delaware Chancery court had issued a preliminary injunction on the deal.
"Activision Blizzard remains committed to the transaction and is exploring the steps it will take to complete the transaction as expeditiously as possible," the publisher said in a statement.
- Housing, jobs data weaken, but overall economic picture still upbeat
- Target cyber breach hits 40 million payment cards at holiday peak |
- Pizza outlet attacked as India, U.S. fail to cool diplomat row |
- New York Mayor-elect's reputation for lateness parodied on Twitter
- Putin critic Khodorkovsky free after pardon |