Activision Blizzard has reached a deal with Vivendi to acquire its own shares for over $8 billion. Vivendi still retains 83 million shares (around 12 percent), but Activision Blizzard will become an independent company again with a majority of its shares owned by the public. Bobby Kotick will remain Chief Executive Officer, with Brian Kelly […]
Sony’s corporate staff will be seeing a major cut, with 20% of their HQ being let go
After a rumor of an Electronic Arts buyout by South Korean free-to-play publisher Nexon began circulating early this morning (via Bloomberg video report), shares in EA spiked $1.22 (8.1%). Coming up from a year-long low, Electronic Arts evened out at $16.23 after closing bell.