Vivendi is a world Conglomerate that is currently experiencing financial problems. Starting from the non-fulfillment of the profit target to a growing debt.
Therefore, some time ago Vivendi decided to sell her gold in the game, Activision Blizzard - the gaming company that spawned the popular game World of Warcraft and Diablo III - to get new funding.
Although Microsoft was rumored to want to annex the company, was in fact not as sweet as gossip. Not many other companies that participate in the bidding Activision Blizzard. The high price offered by Vivendi and a variety of other reasons for making the stock the company's most expensive game is only offered at least about 12 percent.
Vivendi is very far from the target which expects 61 percent of the shares bought by another company Activision Blizzard.
Therefore, Vivendi finally consider opening bids for the struggling subsidiaries in telecommunications, Global Village Telecom (GVT). Through these sales, Vivendi hopes to cash in around 8.59 billion to 10.42 billion.
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