Thursday, July 10, 2008

Vivendi Activision Deal Completes

Vivendi and Activision said this morning that the two companies have completed the deal to merge the two companies into Activision Blizzard. The deal was initially announced in December. According to the firms, Activision Blizzard will continue to operate as a public company trading on the Nasdaq as ATVI. Activision shareholders approved the deal on Tuesday. The merged company creates a $18.9 billion market cap firm, which will include the World of Warcraft online game, and titles such as Guitar Hero, Call of Duty, Tony Hawk, Crash Bandicoot, StarCraft, Diablo, and many others. The new combined company will be headquartered in Santa Monica.

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