EU greenlights Activision-Vivendi merger
by Alexander Sliwinski 
on Apr 16th 2008 1:00PM
The European Commission has given permission to the games division of French telecom and media group, Vivendi, to run free into the arms of Activision. This is one of the final loose ends left in the $9.85 billion deal spawning the behemoth known as
Activision Blizzard (or by its street name: Actilizzard? Blizzavision?). Vivendi will procure a 52% stake in the
EA rival and is expected to have annual revenue of $3.8 billion.
The Commission essentially needed to approve that there weren't any
antitrust issues in the mega-merger. In its report the group stated that there are several effective competitors in the market, such as EA and the game console manufacturers. Guess it's time to start ordering the office stationary.
