More news surfaced today regarding Vivendi’s hopes to offload its shares of Activision Blizzard. Vivendi has reportedly enlisted the aid of Goldman Sachs Group Inc. and Barclays PLC to assess its options in selling off some or all of its 61% stake in the game publisher according to the Wall Street Journal.

Vivendi SA is working with two investment banks to explore the sale of videogame giant Activision Blizzard Inc., in which the French conglomerate owns a majority stake, people familiar with the matter said.

Rumors surfaced last month that the French-based company was considering the sale of some or its entire stake in Activision followed by reports that talks with Microsoft and others were pitched without much success. And with the colorful history of Goldman Sachs, what could possibly go wrong? Stay tuned and we’ll update you when we have more.

via CVG

Source: The Wall Street Journal

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Last Updated: Mar 14, 2016

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Stacy "Martuk" Jones was a long-time news editor and community manager for many of our previous game sites, such as Age of Conan. Stacy has since moved on to become a masked super hero, battling demons in another dimension.