RSS


GC08: TOTAL NEWS
-

Internal tension mounts as Activision-Vivendi merger heads for approval

July 8th, 2008 @ 11:38

In case you’d forgotten, Activision shareholders are voting today on whether to approve the Vivendi merger and create the world’s largest games publisher.

The City is excited by the prospect, and Wall Street has been heavily tipping the new firm for profitable performance in recent weeks.

There’s a high level of tension in the companies at the moment, however, with UK insiders in both camps uncertain of how any axes will fall.

“Activision is calling the shots,” we were told by a senior source this week, “and two doesn’t go into one.”

UK operations were caused to sweat further at the end of June, when Activision boss Bobby Kotick said he had no plans to expand operations in Britain due to the high cost of living here.

Watch for news on the shareholder vote later today.


Posted in: Activision Blizzard, Trade, UK
Tags: , ,

Del.icio.us | Digg | Share on Facebook

You can follow any responses to this entry through the RSS 2.0 feed. You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

You must be logged in to post a comment.

-

Up Your Inbox - sign up for our newsletters Alienware
Normalbox Top Latest Comments
Normalbox Top

Categories

Keyline

Archives