Activision Halts Vivendi Talks and 2 More Heavily Traded Stocks to Follow

| + More Articles
  • Like on Facebook
  • Share on Google+
  • Share on LinkedIn

Activision Blizzard (NASDAQ:ATVI): Current price $14.90

Knowledgeable sources say that the video game publisher has halted talks on repurchasing shares held by its parent company Vivendi, amid a dispute over price adding that Activision was considering the purchase at least some of Vivendi’s stake as recently as April. Vivendi holds a 61 percent Activision shareholding valued at over $10 billion as of Tuesday’s close, and would have gradually divested its outstanding shares on the open market if a stake remained.

NEW! Discover a new stock idea each week for less than the cost of 1 trade. CLICK HERE for your Weekly Stock Cheat Sheets NOW!

ATVI

More Articles About:

To contact the reporter on this story: staff.writers@wallstcheatsheet.com To contact the editor responsible for this story: editors@wallstcheatsheet.com

Yahoo Finance, Harvard Business Review, Market Watch, The Wall St. Journal, Financial Times, CNN Money, Fox Business