Activision Blizzard Announces Sale of Common Stock by Vivendi S.A.
May 21 2014 - 4:15PM
Business Wire
Activision Blizzard, Inc. (NASDAQ: ATVI) today announced a
public offering of 41,499,689 shares of its common stock by Vivendi
S.A. The offering and sale of shares owned by Vivendi S.A. are
being made in accordance with the agreements entered into in
connection with the transactions previously announced on July 25,
2013. The offering is expected to close and settle on May 28, 2014.
The company will not receive any of the proceeds from the offering
of shares by the selling stockholder. The last reported sale price
of the company’s common stock on May 20, 2014 was $20.83 per
share.
Barclays and Credit Suisse are acting as joint bookrunning
managers and underwriters for the offering.
A shelf registration statement (including a prospectus) relating
to the offering of the common stock has previously been filed with
the U.S. Securities and Exchange Commission and has become
effective. Before investing, you should read the prospectus and
other documents filed with the Securities and Exchange Commission
for information about Activision Blizzard and this offering. You
may obtain these documents for free by visiting EDGAR on the SEC
website at: www.sec.gov.
Alternatively, copies of the prospectus may be obtained from:
Barclays Capital Inc., c/o Broadridge Financial Solutions, 1155
Long Island Avenue, Edgewood, NY 11717,
Barclaysprospectus@broadridge.com, (888) 603-5847; or Credit Suisse
Securities (USA) LLC, One Madison Avenue, New York, NY 10010,
Attention: Prospectus Department,
newyork.prospectus@credit-suisse.com or by telephone at
1-800-221-1037.
This press release shall not constitute an offer to sell or the
solicitation of any offer to buy, nor shall there be any sale of
these securities in any jurisdiction in which such offer,
solicitation or sale would be unlawful prior to the registration or
qualification under the securities laws of such jurisdiction.
About Activision
Blizzard
Activision Blizzard, Inc. is the world’s largest and most
profitable independent interactive entertainment publishing
company. It develops and publishes some of the most successful and
beloved entertainment franchises in any medium, including Call of
Duty®, Skylanders™, World of Warcraft®, StarCraft® and Diablo®.
Headquartered in Santa Monica California, Activision Blizzard
maintains operations throughout the United States, Europe, and
Asia. It develops and publishes games on all leading interactive
platforms and its games are available in most countries around the
world. More information about Activision Blizzard and its products
can be found on the company's website,
www.activisionblizzard.com.
Activision Blizzard, Inc.Kristin SoutheySVP, Investor Relations
and Treasury(310) 255-2635ksouthey@activision.comorMaryanne
LataifSVP, Corporate Communications(310)
255-2704mlataif@activision.com
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