Activision-Vivendi $8 estadounidenseshan treatment cleared in Supreme Court

Summary: Has lifted the temporary injunction of the Delaware Chancery Court to prevent that you repurchase shares for Activision.

Activision Blizzard plans to great interest when purchasing parent company Vivendi in the firm can now go ahead, once a temporary block on the deal was revoked at the Court.

On Thursday, the game manufacturer announced that it expects to complete the deal of $8.2 billion on or by October 15, 2013, according to a press release.

Parties - Activision, Vivendi and ASAC II LP - are now free to move forward with the transaction. Under the terms of the agreement, Activision acquired shares of the company 429 million approximately and certain attributes of tax of parent company Vivendi for approximately $5.83 billion in cash. In addition, investor ASAC, led by the CEO of Activision Blizzard Bobby Kotick and co-chairman Brian Kelly - buy 172 million Vivendi shares for $13.60 per share, or $2.34 billion.

The agreement will reduce Vivendi stake to approximately 12 per cent.

Originally announced in August, the deal was delayed when a shareholder of Activision filed a lawsuit against Activision and its parent company, arguing that you excluding Vivendi, the deal was not subject to a vote of the majority of investors from Activision. However, the temporary injunction imposed by Delaware Chancery Court now has been overturned by the Supreme Court of Delaware.

At the time of the original announcement, Kotick said:

"These operations are a tremendous opportunity for Activision Blizzard and all of its shareholders, including Vivendi. We must be even more fuerte-una independent company with a portfolio of best-in-class franchise and the approach and the flexibility to drive value for long-term shareholders and expand our leadership position as one of the most important companies of the world entertainment".

London medical anthropologist Charlie Osborne is journalist, graphic designer, and former teacher.