Activision splits from Vinvendi, pays $8 billion to go indie
In an interesting turn of events, Activision Blizzard has arranged to buy back around 429 million shares and some tax attributes for $5.83 billion to effectively split with its parent company, Vivendi. In addition, ASAC II LP, whose members include Chinese games publisher Tencent as well as financial firms, will be securing a further 172 million shares for … Read more