Activision sees EPS, synergy boost in Vivendi deal

Mon Dec 3, 2007 9:23am EST
 
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PARIS (Reuters) - U.S. videogames group Activision (ATVI.O) said on Monday it expected a boost to its earnings from a deal under which France's Vivendi (VIV.PA) will take control of the company.

In a presentation to analysts, Activision Chairman and Chief Executive Robert Kotick said Activision expected a 2009 EPS (earnings per share) in excess of $1.20.

The company added it expected the deal with Vivendi to result in between $50 million to $100 million in cost synergies.

(Reporting by Sudip Kar-Gupta and Franklin Paul)

 

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