
Would like to get Vivendi’s 60 percent share
Activision is said to be looking at its option in obtaining Vivendi’s 60 percent share of the company after Vivendi didn’t identify a buyer. Sources suggest that Activision has brought in JP Morgan Chase and Allen & Co to offer its opinion on the situation.
Activision is said to be looking very seriously at its options to fund a deal to free itself from its ties to Vivendi. Raising enough money could prove a bit harder than one might think, as the company would have to raise around $5 billion dollars just to get the ball rolling.
Brazilian broadband firm GVT could be a player that might be involved in a deal to purchase the stake from Vivendi, but it is hard to say how much actual interest there from GVT. Only time will tell how this one shakes out.