December 3, 2007

Activision and Vivendi Merge

Santa Monica, Calif. - Activision and Vivendi have signed a definitive agreement to merge, creating what is said to be a worldwide leader in the interactive entertainment industry.  
The new company, called Activision Blizzard, is expected to have approximately $3.8 billion in pro forma combined calendar 2007 revenues and the highest operating margins of any third-party videogame publisher.  
On closing of the transaction, Activision Blizzard will operate as a publicly traded company on NASDAQ (ATVI).