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Vivendi to sell 49% of Activision Blizzard for USD 8.2 bln
2013-07-26 08:29:00| Telecompaper Headlines
(Telecompaper) French telecom and entertainment group Vivendi announced that it will divest over 85 percent of its interest in computer game subsidiary Activision Blizzard for USD 8.2 billion, or USD 13.60 per share. The majority of its shares (429 million) will be acquired by Activision Blizzard. An additional portion (172 million) will be acquired by a consortium of investors (ASAC II LP) including Activision CEO Bobby Kotick and co-chairman Brian Kelly. Vivendi currently owns 61.1 percent or 684 million Activision common shares. Upon completion of this transaction, Vivendi will retain 83 million shares, representing 12 percent of Activision after the transaction.
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usd
blizzard
activision
N.L. utility will sell excess hydro to Nova Scotia:Dunderdale
2013-07-25 21:04:35| Energy - Topix.net
The premier of Newfoundland and Labrador says her government is willing to sell surplus electricity from the Muskrat Falls hydroelectricity project to Nova Scotia's utility unless the power is needed in Labrador.
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nova
utility
excess
Kenya: Call to Sell Sugar Firms
2013-07-25 08:45:36| Sugar Industry News
THE Western Development Initiative Association has asked the government to streamline the sugar sector ahead of the expiry of the Comesa safeguard period in March, 2014.
PRESS RELEASE: McShane Development and Globe Corporation Sell MidPoint One
2013-07-24 23:12:00| National Real Estate Investor
John Dobroski CBRE assisted McShane Development Company and Globe Corporation in the sale of MidPoint One, a 51,579 SF office property at 7125 Janes Avenue in Woodridge, Illinois. read more
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development
press
sell
Starbucks to sell yogurt
2013-07-24 13:53:02| Beverages - Topix.net
Starbucks is teaming up with French yogurt maker Danone to bring a co-branded yogurt product to its cafes and to grocery stores.
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