Activision stock way up after merger news
by Justin McElroy 
on Dec 3rd 2007 2:57PM
Though some
World of Warcraft fans
may be in a tizzy over the news that Vivendi and Activision would
merge to form Activision Blizzard, it seems that shareholders in the two companies weren't put out in the slightest. GameDaily is reporting that Activision saw a NASDAQ bump of 16 percent ($3.55) in their stock since the news was released, bringing its worth to $25.70. Vivendi got a three percent jump.
Not every investor is smiling though. When faced with the news that the company would have a new, super-powerful competitor, EA's stock tumbled 91 cents to $55.29. We're sorry, Electronic Arts, but at least you can take comfort in the fact that (at the moment, at least) your company has the
far better name.
