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Vivendi and Activision to Create Activision Blizzard

Activision, Inc. (NASDAQ: ATVI) and Vivendi (Paris: VIV) today announced that they have signed a definitive agreement to combine Vivendi Games, Vivendi's interactive entertainment business -- which includes Blizzard Entertainments World of Warcraft®, the worlds #1 multi-player online role-playing game franchise -- with Activision, creating the worlds largest pure-play online and console game publisher. The new company, Activision Blizzard, is expected to have approximately $3.8 billion in pro forma combined calendar 2007 revenues and the highest operating margins of any major third-party video game publisher. On closing of the transaction, Activision will be renamed Activision Blizzard and will continue to operate as a public company traded on NASDAQ under the ticker ATVI.
Full press release
Later Edit: Gamasutra outlines the key points of the merger here.

Activision // Activision Blizzard // business // companies // press releases // Vivendi Games

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