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Vivendi Seeking Activision Buyers

There's more on recent rumors that Vivendi SA is considering selling off its stake in Activision Blizzard on Reuters, where they say that the French telecom giant had decided it will divest itself of the gaming unit. The report indicates that they are gauging interest from those with suitably deep pocketbooks: "Although a formal process has not started, bankers close to Vivendi are sounding out cash-rich trade players, including China's Tencent and U.S. duo Time Warner and Microsoft, as well as private-equity heavyweights KKR, Providence and Blackstone, banking sources said." Reuters got no comment responses about this from Microsoft and Time Warner. Thanks VG247.

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79. Re: Vivendi Seeking Activision Buyers Jul 12, 2012, 09:06 Prez
 
Krovven wrote on Jul 12, 2012, 04:34:
wtf_man wrote on Jul 11, 2012, 20:59:
I said WoW and probably COD... two of their major cash cows, are on a downward trend.

Again, try reading their financial reports, you are wrong. They made 1 billion in profits in 2011 over 416mil in 2010, with WoW and CoD being their main earners. This is fact. This is not debatable. This is not opinion. It's that simple.


He can't be wrong because he's not even arguing the same point you are. He's talking about the economic phenomenon widely known as "the bubble". The trick is to gauge when the bubble may burst and sell while the numbers are still great. Vivendi has already seen this once with Guitar Hero, so likely they are more aware of it than most.
 
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