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The software developer Activision Blizzard inc, well known for such titles as World of Warcraft, Diablo and Call of Duty have announced that it has completed a buyback from its parent company Vivendi. Originally due in July the case was put back until friday just gone due to some shareholder objections.
In the deal a total of $8.2 billion of Activision Blizzard shares were purchased back from Vivendi. This was achieved in two transactions, to start with Activision Blizzard themselves payed $5.83 billlion for 493 million of its own shars and then Activision CEO Bobby Kotick and Co-Chairman Brian Kelly bought the final 172 million shares for a cool $2.34 billion, leaving Vivendi with just 83 million shares (12%), meaning that Activision Blizzard inc is now an independant company owned by it's shareholders.
In a press release Activision Blizzards Bobby Kotick stated ...
In related news Activision published a series of six Call of Duty: Ghosts advertisements on YouTube this weekend. All of them focus on people in everyday situations talking about the game.
[video=youtube;Mr7x9n-yMmQ]http://www.youtube.com/watch?v=Mr7x9n-yMmQ&list=PLZeek85Kuka1Jx87TF2JH2h48Tg_OIOk7http://www.youtube.com/watch?v=Mr7x9n-yMmQ&list=PLZeek85Kuka1Jx87TF2JH2h48Tg_OIOk7[/video]
Nvidia have leaked a Minimum System Requirements list for the PC version of Call of Duty: Ghosts as follows:
•OS: Windows 7 64-Bit / Windows 8 64-Bit
•CPU: Intel Core 2 Duo E8200 2.66 GHZ / AMD Phenom X3 8750 2.4 GHZ or better
•RAM: 6 GB RAM
•HDD: 50 GB HD space
•Video: NVIDIA GeForce GTX 550 Ti / ATI Radeon HD 5870 or better
•Sound: DirectX Compatible Sound Card
•DirectX: 11
•Internet: Broadband connection and service required for Multiplayer Connectivity. Internet connection required for activation.
Call of Duty: Ghosts will arrive on PC, PlayStation 3, Wii U and Xbox 360 on 5th November. It is also expected on the Xbox One and PS4 when those consoles launch.
From: http://hexus.net/gaming/news/indust...izzard-complete-multibillion-buyback-vivendi/
In the deal a total of $8.2 billion of Activision Blizzard shares were purchased back from Vivendi. This was achieved in two transactions, to start with Activision Blizzard themselves payed $5.83 billlion for 493 million of its own shars and then Activision CEO Bobby Kotick and Co-Chairman Brian Kelly bought the final 172 million shares for a cool $2.34 billion, leaving Vivendi with just 83 million shares (12%), meaning that Activision Blizzard inc is now an independant company owned by it's shareholders.
In a press release Activision Blizzards Bobby Kotick stated ...
“With the completion of this transaction we open a new chapter in the history of Activision Blizzard,” Mr. Kotick said in a statement. “We expect immediate shareholder benefits in the form of earnings-per-share accretion and strategic and operational independence. Our audiences and our incredibly talented employees around the world will benefit from a focused commitment to the creation of great games. Our shareholders and debt holders will have the benefit of an energized, invested, deeply committed management team focused on generating long-term, superior returns and effectively managing our capital structure.” Let the great game making begin...
In related news Activision published a series of six Call of Duty: Ghosts advertisements on YouTube this weekend. All of them focus on people in everyday situations talking about the game.
[video=youtube;Mr7x9n-yMmQ]http://www.youtube.com/watch?v=Mr7x9n-yMmQ&list=PLZeek85Kuka1Jx87TF2JH2h48Tg_OIOk7http://www.youtube.com/watch?v=Mr7x9n-yMmQ&list=PLZeek85Kuka1Jx87TF2JH2h48Tg_OIOk7[/video]
Nvidia have leaked a Minimum System Requirements list for the PC version of Call of Duty: Ghosts as follows:
•OS: Windows 7 64-Bit / Windows 8 64-Bit
•CPU: Intel Core 2 Duo E8200 2.66 GHZ / AMD Phenom X3 8750 2.4 GHZ or better
•RAM: 6 GB RAM
•HDD: 50 GB HD space
•Video: NVIDIA GeForce GTX 550 Ti / ATI Radeon HD 5870 or better
•Sound: DirectX Compatible Sound Card
•DirectX: 11
•Internet: Broadband connection and service required for Multiplayer Connectivity. Internet connection required for activation.
Call of Duty: Ghosts will arrive on PC, PlayStation 3, Wii U and Xbox 360 on 5th November. It is also expected on the Xbox One and PS4 when those consoles launch.
From: http://hexus.net/gaming/news/indust...izzard-complete-multibillion-buyback-vivendi/