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May 22 2014

NEWS: 41 Million Activision Shares Being Sold by Vivendi

activision-logoAs some of you may remember, 2013 saw Activision buy themselves independence from Vivendi for a mere $8 billion. This left the company with 12 percent ownership, an ownership it will now half. The speculated sell will be worth around $850 million to Vivendi if the shares remain at $20.7. This would leave the company with just under 6 percent stake in Activision. As someone who doesn’t follow the numbers, I can only make a few assumptions about what this sale could mean. If anything, it would let the company rely more on gaming from its own perspective as Vivendi will have a much smaller say in the company’s happenings. Now, is this good or bad? We can only wait and see.

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