activision blizzard

Activision made a pretty big announcement yesterday as they will be brining Call of Duty: Ghosts as well as a number of other titles to the Nintendo Wii U, but it seems that wasn’t the only bit of big news the publisher had up its sleeves. According to a press release sent out by Activision Blizzard just a few hours ago, the studio has reached a deal with Vivendi Universal reacquire its shares for approximately $8 billion.

Activision Blizzard is contributing a total of $5.83 billion into the deal, while CEO Bobby Kotick and Co-Chairman Brian Kelly will drop an additional $2.34 million into the deal through an investment group, with both Kotick and Kelly putting in $100 million themselves.

Now – what does this all mean for you, the average consumer? Well – it means Activision Blizzard will now be an independently owned company, which means they’ll hopefully be free to take some more risks for new franchises instead of churning out sequels year after year. Although on the other side of the spectrum, creating sequels to some of its biggest franchises is probably what resulted in Activision Blizzard being able to become an independent company altogether.

Filed in Gaming. Read more about activision, activision blizzard and Blizzard. Source: files.shareholder

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