John wrote about Activision Blizzard going independent back in July, but then there was a shareholder lawsuit, after which a US court placed an injunction to put the deal on hold. That was lifted last week, allowing the multi-billion dollar share buyback to go through and thus making ActiBlizz independent of its parent company, Vivendi.
The deal involves Activision paying $5.83 billion for shares, and an investment group led by Bobby Kotick paying a further $2.34 billion to complete the deal. If you can’t be bothered to do the maths, that’s a combined total of infinity dollars. What happens next?
Read the rest of this entry »