News: Activision Blizzard Inc (ATVI.OQ)

ATVI.OQ on NASDAQ Stock Exchange Global Select Market

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1 Aug 2013
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Thu, Aug 1 2013

Activision CEO says 'business as usual' after buyback deal

SAN FRANCISCO - Activision Blizzard Inc will conduct "business as usual" for now while it explores growth and acquisition opportunities, the video game publisher's CEO said on Thursday after sealing a deal last week to buy back most of parent company Vivendi's stake for more than $8 billion.

UPDATE 1-Activision to spread its wings after Vivendi sale -CEO

SAN FRANCISCO, July 26 - Activision Blizzard Inc's CEO, who is shelling out $50 million of his own money in an $8.2 billion deal to buy back most of Vivendi's stake, said the world's largest video game publisher will be freer to pursue acquisitions and grow after emerging from its French parent's wing.

Vivendi overhaul gathers pace with $8.2 billion Activision sale

PARIS - Vivendi agreed to sell most of its stake in Activision Blizzard, the world's largest videogames publisher, for $8.2 billion on Friday, paving the way for a broader split of the French conglomerate's media and telecoms assets. | Video

Bankers in line for telecom and media fees windfall

LONDON - Bankers working on the sale of the bulk of Vivendi's stake in Activision Blizzard Inc to the video games maker and its management could earn advisory fees of up to $80 million, according to an industry estimate.

UPDATE 6-Vivendi overhaul gathers pace with $8.2 bln Activision sale

* Move follows Maroc Telecom disposal, network-sharing deal

Bankers in line for telecom and media fees windfall

LONDON, July 26 - Bankers working on the sale of the bulk of Vivendi's stake in Activision Blizzard Inc to the video games maker and its management could earn advisory fees of up to $80 million, according to an industry estimate.

US STOCKS-Wall St falls in early trade as market takes breather

* S&P 500 has ended higher 13 times in the past 16 sessions

Deals of the day -- mergers and acquisitions

July 26 - The following bids, mergers, acquisitions and disposals were reported by 1330 GMT on Friday:

US STOCKS-Futures fall in pause after rally, mixed earnings

* S&P 500 has ended higher 13 times in the past 16 sessions

Vivendi CFO says group studying media, telco split

PARIS - Vivendi is studying whether to split up its telecoms and media businesses following a planned sale of most of games unit Activision Blizzard , the French conglomerate's chief financial officer said on Friday.

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