Deal set to make Vivendi big player in videogames

Article Abstract:

France's Vivendi S.A. will obtain a controlling stake in American videogame firm Activision Inc. to expand its presence in the videogame sector. It will merge its gaming division and provide cash to create a new company named Activision Blizzard. The transaction values Activision at $8 bil, with Vivendi paying $27.50 a share and gaining a 68% stake in the new company.

Prepackaged software, Acquisitions & mergers, Organizational history, PRINTING AND PUBLISHING, Radio and Television Broadcasting, Games, toys, and children's vehicles, Computer software industry, Software industry, Mergers, acquisitions and divestments, France, Company acquisition/merger, Mass media industry, Video game industry, Video games industry, Activision Inc., ATVI, Vivendi S.A., Organization formation

---

Disney taps Pepper to succeed Mitchell as its new Chairman

Article Abstract:

Walt Disney Co. of the United States has appointed John Pepper to succeed Chairman George Mitchell. Mr. Pepper has approximately 40 years experience at Procter & Gamble Co. also of the United States.

United States, Management dynamics, Executive changes & profiles, Motion picture & video production, Management, Officials and employees, Appointments, resignations and dismissals, Biography, Motion picture industry, Walt Disney Co., Company business management, Video production companies, Film and video production companies, DIS, Pepper, John

---

Similar abstracts:

• Abstracts: Mestrallet to become CEO in Suez-GDF merger. EXCO to buy two gas fields from Anadarko. Talisman to buy British oil producer
• Abstracts: Wipeout for key player in surfboard industry. Kerzner agrees to buyout offer topping $3 billion. Harrah's to open casinos in Spain and Slovenia
• Abstracts: Trawl sonars display current speed. Wireless net sounder latest from Iceland. Sonars get detection upgrades
• Abstracts: Huge seiner on Armon's busy order book. French-built high efficiency tuna seiner - low noise and running costs with Glenan
• Abstracts: Norway to mandate employer pensions. EU to improve bloc cooperation on financial laws. France's rules on workweek caps to be rolled back

This website is not affiliated with document authors or copyright owners. This page is provided for informational purposes only. Unintentional errors are possible.