Activision merges Blizzard: What Does this Mean?

On December 2nd, it was annouced that Vivendi Games will merge with Activision to create a new company called Activision Blizzard. The total transaction is valued at $18.9 billion in which Vivendi will own approximately 52 percent of the total shares in the new company. René Penisson, current Chairman of Vivendi Games, will serve as the new Chairman for Activision Blizzard; while Robert Kotick, the current Chairman and CEO of Activision, will serve as President and CEO.

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cjp4eva4030d ago

WOW this news is older than dirt.