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Like it or not, with a reported shareholders vote of 92%, the merger first announced back in December 2007, is finally complete. All last minute hopes of a creative name for the new company are officially squashed, as the new name, “Activsion Blizzard”, proves that compromise is often boring as hell. In exchange for 295.3 new shares of Activision stock, Vivendi, and all associated properties, become subsidiaries of Activision. However, an additional purchase of 62.9 shares at the tune of $1.
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Activision has officially received shareholder approval for its merger with Vivendi. The company said over 92 percent of its shareholders greenlighted the merger, and the transaction is expected to officially close tomorrow. The merger was first announced in December of 2007, but has just now been finalized. Through it, Blizzard and Sierra parent Vivendi becomes a wholly-owned subsidiary of Activision, scoring 295.3 new shares of Activision stock. It’ll also buy 62.9 million new shares for a t
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