Filed under: Deals, Activision Inc (ATVI)

In a merger which will create the world’s largest video game company, Vivendi, which owns game operation Blizzard Entertainment, will take a controlling interest in large U.S. company Activision (NASDAQ: ATVI).

According to the Financial Times, “the enlarged company would aim for pro forma operating income of $1.1bn and earnings per share of more than $1.20 in 2009. The deal would create $50m-$100m in savings.”

Douglas A. McIntyre is an editor at 247wallst.com.

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This entry was posted on Monday, December 3rd, 2007 at 3:17 am and is filed under Stocks Money News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.