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Corporate

Jul. 30, 2013

Activision Blizzard Inc. agrees to $8.2 billion share buyback

Santa Monica-based Activision Blizzard Inc. announced on Friday that it would be buying back $8.2 billion worth of shares owned by Vivendi, a French media conglomerate in a bid to become an independent company once again.


By Dominic Fracassa


Daily Journal Staff Writer


Gibson, Dunn & Crutcher LLP is advising French media conglomerate Vivendi SA in its split with Santa Monica-based video game publisher Activision Blizzard Inc., announced Friday. As part of the deal, Activision plans to buy back $8.2 billion worth of shares owned by Vivendi in a bid to become an independent company once again.


Longtime Vivendi counsel Ruth E. Fisher led the Gibson Dunn team. ...

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