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Blizzard to aquire ActivisionDVDBack23 @ Dec 02, 2007 23:12 | 10 comments
Under the new acquisition it is being presumed that current Activision CEO Robert Kotick will be put in charge of the venture. In his words, the deal will make the new venture the "largest pure-play interactive entertainment publisher in the world." The new company will be even take the name Activision Blizzard, as a tribute to the equal importance both companies will have.
The merger in itself is more complicated then usual mergers are. Before the end of the year Vivendi, Blizzard's parent company will be handing over its complete Vivendi Games division "in a deal which converts those shares to Activision shares. Vivendi thus becomes a 52% owner in that new, temporary venture."
By using its then stake as majority owner, Vivendi will acquire more stock in Activision until it becomes a 68% owner. That however, may require approval from both US and European federal regulators.
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The parent company of Blizzard, the company behind the massive hit "World of Warcraft", will be acquiring a 68% stake in Activision, the world's "first independent game console software" company.
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Comment by: wetsparks (Dec 03, 2007 22:16) so the rich get richer it sounds like. activision with its guitar hero and cod4 money and blizzard with its wow money and vivendi (or whatever they will call themselves now) get rich off their @$$ from it. |
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Comment by: chaos_zzz (Dec 03, 2007 22:48) this is great news, activison is a great company and also blizzard not for wow cuz i personally don't like itm but beacuse of starcraft and diablo wich are games i'll never forget. Also mEchwarrior wich was the reason i bought the sidewinder with feedback and eveything.
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Comment by: xSModder (Dec 03, 2007 23:22) Heh...makers of Starcraft and Diablo totally going big.
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Comment by: Ganon007 (Dec 04, 2007 01:04) Yeah i personally dont like that name at all. Activeblizzard would sound ridiculous also... |
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Comment by: Pop_Smith (Dec 04, 2007 03:21) I would be ok with ActiveBlizzard, even though its sounds a bit ridiculous. Activision Blizzard is too long. :P |
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Comment by: duckNrun (Dec 04, 2007 14:03) Blacktivision...
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Comment by: wetsparks (Dec 04, 2007 21:03) Originally posted by duckNrun: sounds like a new species of pokemon to me |
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Comment by: ripxrush (Dec 05, 2007 07:01) Absurd! see its all ready a word & their name! BTW i have nothing against either company! i play WOW my self! & have played many activision games even back from the 2600 days, even tho i am not into GH3! |
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Comment by: jacsac (Dec 06, 2007 00:18) Activision also includes the Tony Hawk series. |
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Comment by: borhan9 (Dec 23, 2007 10:33) Sounds like a complicated merger or take over however it will be worth the while it seems. |
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