Vivendi is working on offloading its 61 percent stake in Activision, according to a new report.
The company has already contacted some companies to take its $8.1 billion stake in Activision, but so far, no firms have taken the bait, Bloomberg is reporting today, citing sources. The news outlet says that Vivendi tried setting up a deal with Microsoft, but the software giant has, for now, decided against it. Disney has also declined a deal offer.
Vivendi bought a stake in Activision back in 2007 for $1.7 billion. Since then, the company has watched Activision Blizzard become the … Read more