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Report: Vivendi Working With Two Investment Banks To Find Activision Buyer

The Wall Street Journal is reporting that Vivendi is working with Goldman Sachs Group and Barclays to help put together a deal to sell their 61% stake in Activision Blizzard, which currently has a market capitalization of approximately $13.4 billion.

According to the report Vivendi is considering several options for the sale including; selling off their stake outright to another publisher or interested third party, or even letting Activision buy back their shares for around $8 billion.

Neither Vivendi nor Activision Blizzard has officially confirmed any of the recent speculation surrounding the unannounced deal, so this should still be considered a rumor. However, with The Wall Street Journal jumping into the mix this entire story has taken a big step towards Realville.

Source: GamesIndustry

About Justin

Justin
A gamer since the Intellivision days in the early 80′s, who started writing about and covering the video game industry in 2008. In his spare time he is also a bit of a gun-nut and Star Wars nerd.

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