TwistedAegis
[H]F Junkie
- Joined
- Oct 7, 2009
- Messages
- 8,958
I searched first and didn't see anything, surprised this isn't a topic:
http://money.cnn.com/2013/07/26/investing/activision-vivendi/index.html?iid=HP_River
My first thought at the headline was hmm, very slightly cautiously optimistic.
Then I see they're getting in bed with Chinese gold farmers and mobile-centric games. Goodbye Blizzard.
http://money.cnn.com/2013/07/26/investing/activision-vivendi/index.html?iid=HP_River
My first thought at the headline was hmm, very slightly cautiously optimistic.
Activision Blizzard plans to buy back 429 million shares for about $5.8 billion from French media company Vivendi. Two company executives and a group of investors -- including China's largest internet company Tencent -- will purchase another block of 172 million shares for $2.3 billion.
The deal should deepen the relationship between Activision and Tencent, an ambitious Chinese firm that has been engineering a foray into mobile gaming.
Then I see they're getting in bed with Chinese gold farmers and mobile-centric games. Goodbye Blizzard.