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Activision, Vivendi Separation Injunction Overturned

ActivisionBlizzardLogo 11 Oct

The Delaware Supreme Court has overturned the preliminary injunction that was preventing Activision Blizzard from buying Vivendi Universal’s stake in the company, GI International reports. Activision Blizzard reached a deal with Vivendi in July to acquire its own shares for over $8 billion. The acquisition was halted by the Delaware Chancery Court in September when […]

Activision Blizzard, Vivendi Separation Halted By Court

ActivisionBlizzardLogo 19 Sep

The Delaware Chancery Court has halted Activision Blizzard’s move to break away from its French parent company, Vivendi Universal. Activision Blizzard announced back in July that it was breaking away from Vivendi and buying itself back in a deal worth $8.17 billion. The acquisition would see Activision Blizzard buy back roughly 429 million shares from […]