Vivendi to Acquire Activision - Mergers, Acquisitions, Venture Capital, Hedge Funds -- DealBook - New York Times

Vivendi to Acquire Activision - Mergers, Acquisitions, Venture Capital, Hedge Funds -- DealBook - New York Times:

"The new company plans to repurchase $4 billion worth of its shares for $27.50 each, a move the merger partners said would increase Vivendi’s stake to 68 percent. The purchase price represents a premium of 24 percent over Activision’s closing price on Friday of $22.15 a share."