Will we see another Vivendi sale?
The media conglomerate has a history of making deals at the Allen & Co conference happening this week in Sun Valley , Idaho. It was at this very event in 2009 that it hatched a plan to sell its stake in NBC Universal to Comcast.
Though Vivendi hasn’t officially put its stake in Activision Blizzard on the block, sources tell me it’s starting talks with the giants who have the $8 billion plus to buy its 60 percent stake in the game-maker.
These conversations are part of Vivendi’s greater process of figuring out what do with all parts of its business. Everything is very much up in the air, so we won’t necessarily see a sale. We can bet that it all comes down to how much the buyers are willing to pay.Page 1 of 3 | Next Page