LONDON (Reuters) - Vivendi, the French media-to-telecoms conglomerate, has started testing the appetite of possible bidders for its video game business Activision Blizzard, five sources close the situation said on Friday.

The group, whose chief executive Jean-Bernard Levy stepped down last month, is anxious to prove that it is taking action to address concerns over its huge debt burden and flagging share price . Ratings agency Standard & Poor's placed it under negative credit watch on Wednesday because of the uncertainty over its future direction.

Read more here: http://articles.chicagotribune.com/2012-07-08/business/sns-rt-us-vivendi-activision-salebre8650sz-20120706_1_activision-blizzard-vivendi-board-maroc-telecom
 
GOA.Luke*BK*

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Maybe we can pool some money together and buy them... Anyone have a a few 100 million dollars laying around?

GOA.Luke*BK*

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As long as it isn't Micro Soft buying them....

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wow, you would think with world of warcraft under their belt they could afford some revamping to increase value adds...

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I equal parts am confused and understand this move.  They just released Diablo 3, which is by far the largest release of any PC game ever.  so on the one hand, activision looks prime for selling, as their quarterly statements have never looked better.  But at the same time... I cant help but think that they are being stupid, not holding onto what is probably the most profitable publisher in the world right now

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Betcha EA will take a look at it..

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-- Of all the soles I've ever tasted, his had the most   ....cumin. --