Activision Completes $8.2B Stock Buyback From Vivendi

Law360, Los Angeles (October 11, 2013, 7:41 PM EDT) -- Activision Blizzard Inc. on Friday announced it had completed its $8.2 billion buyback of Vivendi SA's majority stake in the company, a day after the Delaware Supreme Court unanimously overturned a preliminary injunction blocking the video game developer from closing the deal.

The deal, which was announced in July but hampered by a challenge from investors, will make Santa Monica, Calif.-based Activision an independent company. 

"With the completion of this transaction, we open a new chapter in the history of Activision Blizzard," Activision CEO Bobby Kotick...
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