Activision Blizzard Inc. (ATVI) has halted talks on possibly
buying back shares from Vivendi S.A. (VIV.FR) over price issues,
Bloomberg News reported Wednesday, citing people with knowledge of
the talks.
Vivendi, which holds a 61% stake in the video-game company, is
exploring options, including a possible dividend recapitalization,
Bloomberg reported.
A Vivendi spokesman declined comment to Bloomberg and a
representative for Activision didn't respond to requests for
comment.
On Tuesday, Vivendi Chief Financial Officer Philippe Capron told
Dow Jones Newswires that the company's board is considering "a
variety of options" for Activision.
Full story at:
www.bloomberg.com/news/2013-05-15/activision-said-to-shelve-plan-for-vivendi-stake-purchase.html
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