Posted Wed, Jul 18, 2012 by Martuk
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.