Publisher Activision Blizzard is free of its former parent Vivendi.
After its plans for a buyout were initially blocked, the company announced this weekend that it had at last completed the transaction.
To do so it had to acquire 429m shares “and certain tax attributes” from Vivendi at a total cost of $5.83bn, working out at $13.60 per share. The buyout was completed by Activision Blizzard CEO Bobby Kotick’s investment vehicle ACAC II, which includes Tencent among its members.
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