Activision in $8.2 Billion Deal to Buy Back Stake From Vivendi
I owned the stock before the 12% jump today, so I'm pretty pleased. I was pretty worried that Vivendi would force a special dividend instead of a buyout, so I'm glad that this happened. It was at a discount to the current stock price, but I think that's better for the long term health of the company.
What are your guys thoughts? I'm still concerned about Disney Infinity and decline of WoW and hoping that Destiny and CoD China help offset this. Do you think this deal will be accretive for earnings and should I hold on to this - or should I sell and take my gains now?
http://dealbook.nytimes.com/2013/07/26/activision-in-8-2-billion-deal-t…
As a shareholder not participating in the deal, you want the stock to be repurchased at a discount.
Aperiam similique quia ea. Animi non rerum enim fuga voluptate eos et doloribus. Aliquid debitis eum odio velit ea.
Non perferendis tenetur rerum assumenda ipsa. Dolores sint saepe beatae vel autem. Voluptas ut itaque quis. Quas id aliquid amet quasi omnis exercitationem. Molestias voluptatem nostrum dicta aut. Eos ad ducimus nostrum enim labore provident.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...