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Blizzard's Merger With Activision
In December 2007, Fevendi the parent company of Blizzard announced that they were going to merge their games division with Activision. The new combined company will be valued at 18.9 billion dollars so assigning a close to 11 billion dollar value to Activision which is a 30% 31% premium to where they have been trading. Vevendi is also going to invest close to 2 billion dollars in cash into the combined company and then also fund a share offer there's just so much corporate transaction history around this company like it's it's mind numbing even to myself to say it.