Activision-Blizzard merger approved by shareholders

Posted Jul 8th 2008 8:30PM by David Craddock
Filed under: Biz

At a not-so-top-secret stockholders meeting earlier today, Activision received the necessary stockholder approval (over 92 per cent) to officially merge with Vivendi Games. The transaction between Activision and Vivendi will officially close on July 9.

According to the official press release, "Activision and Vivendi Games will combine their businesses through the merger of a newly formed, wholly-owned subsidiary of Activision with and into Vivendi Games. As a result of the merger, Vivendi Games, the parent company of Blizzard Entertainment and Sierra, will become a wholly-owned subsidiary of Activision."

For in-depth information, please view the official press release.

Tags: activision, activision-blizzard, activision-vivendi, activisionblizzard, blizzard, blizzard-entertainment, blizzardentertainment, vivendi, vivendi-games, vivendigames

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