Los Angeles Business Journal

Vivendi at Sun Valley Looking for Activision Suitor

Friday, July 13, 2012

Jean-Rene Fourtou, chairman of Vivendi SA, is at the Allen & Co. media conference in Sun Valley, Idaho, looking for a buyer for the company’s $8.1 billion, 61 percent stake in Activision Blizzard Inc. But the Santa Monica’s video game developer’s emphasis on packaged games will be a deterrent because the industry is moving online, analysts told Bloomberg News.