Activision Appealing Halted Vivendi Deal
Posted by Adam Larck on 09.24.2013
Appeal set for Oct. 10.
Activision Blizzard is appealing the decision that has stopped the company from buying itself from Vivendi.
Reuters reports that Activision has an Oct. 10 date set to try and appeal a decision that halted the $8.2 billion share purchase from Vivendi. The decision was reached when Activision failed to put the purchase up for a shareholder vote.
The purchase would reduce Vivendi's 61 percent in the company down to 12 percent.