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Thread: Vivendi says no to EA buyout

  1. Vivendi says no to EA buyout

    Recently discussions have been brewing throughout forum communities regarding the future of Vivendi Interactive. Electronic Arts has been making certain internal changes with some of its properties (including the termination of Westwood). The latest speculation which has come up centered upon EA buying out Vivendi. We recently spoke with a representative which dismissed the info entirely as a rumor (then again, employees usually are the last to know about anything as the rep concluded). However, according to the latest report from Bloomberg - a deal apparently was being proposed behind close doors...to which Vivendi rejected.

    <blockquote><i>Vivendi Universal SA, the world's second-largest media company, has rejected an all-stock offer for its games unit from Electronics Arts Inc., Les Echos newspaper said without citing anyone.

    Paris-based Vivendi said last year it planned to sell its games business, which analysts value at about 1.3 billion euros ($1.4 billion), to pare debt. The French daily paper didn't say why Vivendi turned down the offer from the top U.S. gamemaker.

    Microsoft Corp., which has been mentioned in press reports as a possible buyer for Vivendi Universal Games, isn't in talks with Vivendi, Les Echos said, citing Microsoft's Robert Bach, who heads the Xbox game console division.</blockquote></i>

    Special thanks to ConsoleGold for the heads up.

  2. I really hope EA doesn't grab them but whatever :/

    Still a shame about Westwood.
    o_O

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