
Can someone loan me $13 billion? According to Bloomberg, executives from Vivendi SA will meet later this month to determine if the company will sell off its majority 61% share in Activision Blizzard. The report came from anonymous sources, noting that the meeting is secret and the details of what is discussed may or may not be shared with the public.
With Activision’s sales of $4.6 billion, and the launches of Diablo III and World of Warcraft: Mists of Pandaria this year, I can see why Vivendi may not be interested in the company anymore. After all, there are only so many places to store the massive amounts of dough that Blizzard alone brings in on a yearly basis, let alone including Activision with the Call of Duty franchise.
Of course, I jest. Bloomberg notes that this would be another move to distance Vivendi from the spend-happy disaster that was CEO Jean-Marie Messier, who was booted out of the company in 2002 after a $77 billion spending spree that left the company nearly bankrupt. As for what Vivendi would do with the $13 billion that their share of Activision is worth, well I believe this picture provides one alternative:

(Source: Bloomberg)


