Universal parent's video games giant goes independent

Tom Pakinkis

Universal’s parent Vivendi is set to let go of Activision Blizzard, one of the world’s biggest games companies, which is about to buy back its independence from the French Media and Telco conglomerate.

Activision – the publisher of a number of big gaming franchises including Call Of Duty - will buy 429 million shares from Vivendi for $5.83 billion, according to Music Week sister publication MCV.

The company’s CEO Bobby Kotic and co-chairman Brian Kelly have also formed an ...

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