Activision Blizzard Buys Itself From Vivendi Universal For 8.2 Billion Dollars (With Help From Tencent)

By Daniel Bischoff

Tipster Silverstorm pinged me this evening to share the news that Activision has bought itself back from ownership in a 429 million share sale for 10% less than today's closing price. The charge was led by Bobby Kotick and Brian Kelly, among other investors picking up more than 170 million shares.

Vivendi is still holding on to a very minor stake in the company, but the majority of ownership is in management. Let's hope Activision's star continues to rise with Call of Duty, Destiny, Skylanders, and a few licensed brands in tow. Blizzard, of course, makes World of Warcraft which is still holding strong.

Interestingly enough, the group of private investors snapping up tons of shares also included Chinese net company Tencent, which also made moves on Epic Games recently.

[Thanks, Sliverstorm!]

Daniel Bischoff
Daniel Bischoff

Welcome to GameRevolution! If you've got any questions, comments, or concerns, I'll be sure to help you out if you send me a PM.

I attended San Jose State University and graduated in 2010 with a Bachelor's in English and a Minor in Journalism. I've been playing games my whole life and will continue to do so as long as they stay entertaining! Some of my favorite games include Team Fortress 2, Battlefield 3, Star Fox 64, Batman: Arkham City, Eternal Darkness: Sanity's Requiem, Counter-Strike: Source, Super Mario Bros. 3, Kirby's Dream Land, and the list goes on.

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**My game collection below isn't complete, but I'll try to keep working on it.**

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