Wednesday July 11, 2012

Vivendi Seeking Buyers For Activision?

Rumor has it that Activision is for sale...anyone got any spare cash laying around? Quick, check the couch cushions.

The group, whose chief executive Jean-Bernard Levy stepped down last month, is anxious to prove that it is taking action to address concerns over its huge debt burden and flagging share price . Ratings agency Standard & Poor's placed it under negative credit watch on Wednesday because of the uncertainty over its future direction.