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הקבוצה הצרפתי התפטרה בסוף מאחזקתה בקבוצת התקשורת הפולנית ב 1.25 מיליארד אירו
הקונה קבוצת Deutsche Telekom מגרמניה .
עכשיו הקבוצה הגרמנית מחזיקה ב 100% במהחברה הפולנית.
VIVENDI תשתמש בכסף להגדלת אחזוקתיה ועד לבעלות על SFR משוויץ
וכן על קבוצת התקשורת השניה בצרפת ועל CANAL + בצרפת
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לVIVENDI יש הכנסות של קרוב ל 14 מליארד אירו שנה
Vivendi
Offering the very best to the digital generation
Vivendi is at the heart of the different worlds of content, platforms and interactive networks.
Vivendi brings together the world leader in video games (Activision Blizzard), the world leader in music (Universal Music Group), the French leader in alternative telecoms (SFR), the Moroccan leader in telecoms (Maroc Telecom Group), the leading alternative telecoms provider in Brazil (GVT) and the French leader in Pay TV (Canal+ Group).
Activision Blizzard
Activision Blizzard, a 57% Vivendi subsidiary, is an independent producer of online and console video games with leading positions in most segments of the high-growth sector of the interactive entertainment industry.
Universal Music Group
Universal Music Group, a 100% Vivendi subsidiary, is the world’s number one in recorded music with more than one in four records sold around the world, which holds the largest catalog of music rights.
SFR
SFR, the first alternative largest telecommunications operator in France, is a 56% subsidiary of Vivendi. With more than 20 million mobile customers and 4.6 million high-speed Internet customers, SFR group is Europe’s first alternative operator (following the combination with Neuf Cegetel).
Maroc Telecom Group
Maroc Telecom Group, a 53% Vivendi subsidiary, is the largest fixed, mobile and Internet operator with 15.9 million mobile telephone customers and approximately 1.2 million fixed lines ; Maroc Telecom Group holds majority stakes in the incumbent operators of Burkina Faso, Gabon, Mauritania and Mali.
GVT
GVT, a 100% Vivendi subsidiary, is the largest alternative telecommunications operator in Brazil. With innovative solutions and products in telephony and the Internet, GVT is the best performing high-speed Brazilian operator and the one that best meets consumer’s expectations in terms of quality and services offered.
Canal+ Group
Canal+ Group, a 100% Vivendi subsidiary, is the France’s number one in premium and theme channel publishing and distribution of pay-TV offerings, with 12.3 million subscribers and a major player in film production and distribution in both France and Europe.
zaOza
Vivendi Mobile Entertainment was founded as a 100% subsidiary of Vivendi in 2007. VME seeks to create an entertaining new distribution channel, to exploite the Vivendi group’s content and to relay the content of other groups. Its innovative subscription service, branded zaOza, was launched in France in 2008.
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Wikipedia, the free encyclopediaJump to: navigation, search
For other uses, see Vivendi (disambiguation).
Vivendi S.A.
Type Société Anonyme (Euronext: VIV)
Industry Media, telecommunication
Founded December 14, 1853 (as Compagnie générale des eaux)
1998 (as Vivendi)
Headquarters Paris, France
Area served Worldwide
Key people Jean-Bernard Lévy (CEO), Jean-René Fourtou (Chairman)
Products Music publishing, film production, publishing, pay TV services, television broadcasting, telecommunication services, video game publishing
Revenue €27.13 billion (2009)[1]
Operating income €3.836 billion (2009)[1]
Profit €830 million (2009)[1]
Total assets €58.13 billion (2009)[1]
Employees 48,280 (FTE, 2009)[1]
Subsidiaries Canal+ Group
Vivendi Entertainment
Universal Music Group
Activision Blizzard (54%)
GVT (62.5%)
NBC Universal (12.34%)
Maroc Telecom (53%)
SFR (56%)
Website Vivendi.com
Vivendi SA (formerly known as Vivendi Universal) is a French international media conglomerate with activities in music, television and film, publishing, telecommunications, the Internet, and video games. It is headquartered in Paris.[2]
Contents [hide]
1 History
2 Money and politics
2.1 1999
2.2 2000
2.3 2001
2.4 2002
2.5 2003
2.6 2004
2.7 2005
2.8 2006
2.9 2007
2.10 2008
2.11 2009
3 Current assets
4 See also
5 References
6 External links
[edit] History This section needs additional citations for verification.
Please help improve this article by adding reliable references. Unsourced material may be challenged and removed. (September 2010)
On December 14, 1853, a water company named Compagnie Générale des Eaux (CGE) was created by an Imperial decree of Napoleon III. In 1854, CGE obtained a concession in order to supply water to the public in Lyon, serving in this capacity for over a hundred years. In 1861, it obtained a 50-year concession with the City of Paris.[3]
For more than a century, Compagnie Générale des Eaux remained largely focused on the water sector. However, following the appointment of Guy Dejouany as CEO in 1976, CGE extended its activities into other sectors with a series of takeovers. Beginning in 1980, CGE began diversifying its operations from water into waste management, energy, transport services, and construction and property. It acquired the Compagnie Générale d'Entreprises Automobiles (CGEA), specialized in industrial vehicles, which was later divided into two branches: Connex and Onyx Environnement. CGE then acquired the Compagnie Générale de Chauffe, and later the Montenay group. The Energy Services division these companies became part of, was later (1998) renamed Dalkia.
In 1983, CGE helped to found Canal+, the first Pay-TV channel in France, and in the 1990s, they began expanding into telecommunications and mass media, especially after Jean-Marie Messier succeeded Guy Dejouany on June 27, 1996. In 1996, CGE created Cegetel to take advantage of the 1998 deregulation of the French telecommunications market, accelerating the move into the media sector which would culminate in the 2000 demerger into Vivendi Universal and Vivendi Environnement (Veolia).[4]
Vivendi Universal logo from 2000 to 2006.In 1998, Compagnie Générale des Eaux changed its name to Vivendi, and sold off its property and construction divisions the following year to what would become Vinci. Vivendi went on to acquire stakes in or merge with Maroc Telecom, Havas, Cendant Software, Anaya, and NetHold, a large Continental European pay-TV operator. Beginning in 1998, Vivendi launched digital channels in Italy, Spain, Poland, Scandinavia, Belgium, and the Netherlands.
In June 1999, Vivendi merged with Pathé, the exchange ratio for the merger fixed at three Vivendi shares for every two Pathé shares. The Wall Street Journal estimated the value of the deal at US$2.59 billion. Following the completion of the merger, Vivendi retained Pathé's interests in British Sky Broadcasting Group PLC and CanalSatellite, a French broadcasting corporation then sold all remaining assets to Jérôme Seydoux's family-owned holding company, Fornier SA who changed its name to Pathé.
In July 2000, Vivendi spun off its water and waste companies—once its core business—along with interests in other public service sectors such as transport into Vivendi Environnement (IPO in Paris in July 2000 and in New York in October 2001), later (2003) renamed Veolia Environnement.
Vivendi Universal Entertainment was created in December 2000 with the merger of the Vivendi media empire with Canal+ television networks and the acquisition of Universal Studios from Canadian company Seagram.
Vivendi in its current form came into existence on April 20, 2006 following the sale of an 80% stake in the Vivendi Universal Entertainment unit to General Electric to form NBC Universal (merging GE's NBC unit & Vivendi's Vivendi Universal Entertainment unit) and the gradual recovery of the company from its disastrous over-expansion in the late 1990s and the early 2000s.
On December 2, 2007, Vivendi announced that it would be merging its Vivendi Games unit with Activision in a $18.8 billion deal.[5][6] This will allow the merged company, Activision Blizzard, to rival Electronic Arts, the world's biggest video games publisher.[6]
[edit] Money and politicsVivendi Universal disclosed a corporate loss of €23.3 billion in its 2002 annual report; the worst loss to date for a French company. Amid intense media scrutiny, its chairman and CEO, Jean-Marie Messier (who had overseen the most dramatic phase of the company's diversification), was subsequently replaced by Jean-René Fourtou.
Vivendi is a Fortune Global 500 company ranked #264, with a total revenue in the year 2008 of 29.6 billion USD.[7] However, its massive expansion in the late 90s and early 21st century has caused the company both financial and legal trouble. The problems arose during the term of former CEO, Jean-Marie Messier; both US and French regulators are investigating potential cover-ups of company losses.[8] Vivendi is also an example of privatization of a public service, the distribution of water and wastewater.
[edit] 1999Vivendi acquired 100% of Havas.
[edit] 2000Vivendi became Vivendi Universal (VU) after acquiring Seagram which included Universal Studios and its related companies.
[edit] 2001Vivendi Universal acquired MP3.com and a leading American publisher, Houghton Mifflin.
[edit] 2002VU began facing financial trouble. It responded with financial reshuffling, trying to shore up media holdings while selling off shares in its spin-off companies.
Reduced its stake in Vivendi Environnement to 40% and sold its stake in Vinci Construction.
The company's Chairman and CEO, Jean-Marie Messier (who had overseen the most dramatic phase of Vivendi's diversification) resigned. He was replaced by Jean-Rene Fourtou. The company then began reorganizing to stave off bankruptcy. The company announced its strategy to sell non-strategic assets. Its largest single shareholder was the family of Edgar Bronfman, Jr., who was head of Seagram at the time of the merger.
Sold its stake in Vizzavi to Vodafone, with the exception of Vizzavi France. It also sold 20.4% of Vivendi Environnement's capital to a group of investors, and its stake in North American satellite operator EchoStar Communications Corporation.
VU sells Houghton Mifflin to Thomas H Lee, Blackstone and Bain consortium for US$1.66bn.[9]
[edit] 2003Sold Canal+ Technologies to Thomson (formerly Thomson Multimédia); Tele+ to News Corporation and Telecom Italia. It also sold its 26.3% interest in Xfera.
On March 6, Vivendi Universal disclosed its annual report (term ended at December 31, 2002), that is downloadable in pdf format on its site. Some highlights include:
Corporate loss of €23.3 billion: the worst loss for a French company.
Net debt of €12.3 billion
Vivendi Universal will sell assets for 7 billons euros in 2003
On December 1, 2003, Vivendi Universal closed a deal to sell MP3.com to CNET.
Defying predictions that it would be unable to raise the cash needed, VU bought out one of the two minority shareholders in Cegetel, taking its holding to 60 percent, with Vodafone holding the remaining 40 percent. Management viewed the mobile communications firm as a core asset once the bulk of media assets had been sold off.
[edit] 200480 percent of the Vivendi Universal Entertainment branch was sold to GE, forming NBC Universal, with VU retaining a 20 percent stake.
Sold its interests in Kencell (re-branded Celtel, Kenya), Monaco Telecom and Sportfive (which it held through Canal+ Group).
Sold Newsworld International to the business partnership of Joel Hyatt and former Vice-President of the United States Al Gore
VU and Valve Software (makers of Half-Life) went head to head over the distribution of Half-Life 2 to cyber cafés, they later came to an agreement stating:
The authority of distributing cyber café licenses were to be handed over to Valve from VUG and Sierra, and licenses granted by VUG and Sierra to cyber cafés prior to the agreement were revoked.
VUG would cease distributing all retail packaged versions of Valve games by August 31, 2005.
VUG bought the rights to the game Redneck Rampage after Interplay's corporate bankruptcy.
[edit] 2005December 16: it was announced that Canal Plus would merge with TPS, France's second largest Pay-TV provider. If the €5 billion (US$5.9bn; £3.4bn) tie-up is approved, VU will own 85% of the combined entity.
[edit] 2006January 17: Vivendi Universal announced that it will end its American Depositary Receipt program and its listing on the New York Stock Exchange by the end of quarter 2 2006, due to lowered trading volume on its shares and high costs.[10]
April 20: Vivendi Universal announced that shareholders approved a name change. It dropped the "Universal" from its name and will now be known simply as "Vivendi". A new corporate logo was simultaneously unveiled.
August: Vivendi signed a deal with Spiralfrog to distribute Vivendi's songs online in the United States and Canada.
September 8: Vivendi announced that Sierra Entertainment, a division of its Vivendi Games group, would be publishing the new game for Double Fine Productions, later revealed to be Brütal Legend.
[edit] 2007December 2: Vivendi announced that their subdivision Vivendi Games would be merging Activision to form Activision Blizzard. Vivendi will be the major shareholder in this merger holding a 52% to 48% (pending results of the tender offer) stake of the newly formed company.[11][12]
[edit] 2008July 9: Activision Blizzard merger closes for $18.9 billion. Vivendi is majority stockholder, with 52% stake.[13]
[edit] 2009September 8: Vivendi announces negotiations to buy the Brazilian phone operator GVT.[14]
November 13: Vivendi takes control of GVT at a cost of 56 reais per share, trumping Telefónica's bid.[15]
December 3: GE announces it will buy Vivendi's stake in NBC Universal, which will become a joint venture between GE and Comcast.[16]
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הקונה קבוצת Deutsche Telekom מגרמניה .
עכשיו הקבוצה הגרמנית מחזיקה ב 100% במהחברה הפולנית.
VIVENDI תשתמש בכסף להגדלת אחזוקתיה ועד לבעלות על SFR משוויץ
וכן על קבוצת התקשורת השניה בצרפת ועל CANAL + בצרפת
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לVIVENDI יש הכנסות של קרוב ל 14 מליארד אירו שנה
Vivendi
Offering the very best to the digital generation
Vivendi is at the heart of the different worlds of content, platforms and interactive networks.
Vivendi brings together the world leader in video games (Activision Blizzard), the world leader in music (Universal Music Group), the French leader in alternative telecoms (SFR), the Moroccan leader in telecoms (Maroc Telecom Group), the leading alternative telecoms provider in Brazil (GVT) and the French leader in Pay TV (Canal+ Group).
Activision Blizzard
Activision Blizzard, a 57% Vivendi subsidiary, is an independent producer of online and console video games with leading positions in most segments of the high-growth sector of the interactive entertainment industry.
Universal Music Group
Universal Music Group, a 100% Vivendi subsidiary, is the world’s number one in recorded music with more than one in four records sold around the world, which holds the largest catalog of music rights.
SFR
SFR, the first alternative largest telecommunications operator in France, is a 56% subsidiary of Vivendi. With more than 20 million mobile customers and 4.6 million high-speed Internet customers, SFR group is Europe’s first alternative operator (following the combination with Neuf Cegetel).
Maroc Telecom Group
Maroc Telecom Group, a 53% Vivendi subsidiary, is the largest fixed, mobile and Internet operator with 15.9 million mobile telephone customers and approximately 1.2 million fixed lines ; Maroc Telecom Group holds majority stakes in the incumbent operators of Burkina Faso, Gabon, Mauritania and Mali.
GVT
GVT, a 100% Vivendi subsidiary, is the largest alternative telecommunications operator in Brazil. With innovative solutions and products in telephony and the Internet, GVT is the best performing high-speed Brazilian operator and the one that best meets consumer’s expectations in terms of quality and services offered.
Canal+ Group
Canal+ Group, a 100% Vivendi subsidiary, is the France’s number one in premium and theme channel publishing and distribution of pay-TV offerings, with 12.3 million subscribers and a major player in film production and distribution in both France and Europe.
zaOza
Vivendi Mobile Entertainment was founded as a 100% subsidiary of Vivendi in 2007. VME seeks to create an entertaining new distribution channel, to exploite the Vivendi group’s content and to relay the content of other groups. Its innovative subscription service, branded zaOza, was launched in France in 2008.
[You must be registered and logged in to see this link.]
Wikipedia, the free encyclopediaJump to: navigation, search
For other uses, see Vivendi (disambiguation).
Vivendi S.A.
Type Société Anonyme (Euronext: VIV)
Industry Media, telecommunication
Founded December 14, 1853 (as Compagnie générale des eaux)
1998 (as Vivendi)
Headquarters Paris, France
Area served Worldwide
Key people Jean-Bernard Lévy (CEO), Jean-René Fourtou (Chairman)
Products Music publishing, film production, publishing, pay TV services, television broadcasting, telecommunication services, video game publishing
Revenue €27.13 billion (2009)[1]
Operating income €3.836 billion (2009)[1]
Profit €830 million (2009)[1]
Total assets €58.13 billion (2009)[1]
Employees 48,280 (FTE, 2009)[1]
Subsidiaries Canal+ Group
Vivendi Entertainment
Universal Music Group
Activision Blizzard (54%)
GVT (62.5%)
NBC Universal (12.34%)
Maroc Telecom (53%)
SFR (56%)
Website Vivendi.com
Vivendi SA (formerly known as Vivendi Universal) is a French international media conglomerate with activities in music, television and film, publishing, telecommunications, the Internet, and video games. It is headquartered in Paris.[2]
Contents [hide]
1 History
2 Money and politics
2.1 1999
2.2 2000
2.3 2001
2.4 2002
2.5 2003
2.6 2004
2.7 2005
2.8 2006
2.9 2007
2.10 2008
2.11 2009
3 Current assets
4 See also
5 References
6 External links
[edit] History This section needs additional citations for verification.
Please help improve this article by adding reliable references. Unsourced material may be challenged and removed. (September 2010)
On December 14, 1853, a water company named Compagnie Générale des Eaux (CGE) was created by an Imperial decree of Napoleon III. In 1854, CGE obtained a concession in order to supply water to the public in Lyon, serving in this capacity for over a hundred years. In 1861, it obtained a 50-year concession with the City of Paris.[3]
For more than a century, Compagnie Générale des Eaux remained largely focused on the water sector. However, following the appointment of Guy Dejouany as CEO in 1976, CGE extended its activities into other sectors with a series of takeovers. Beginning in 1980, CGE began diversifying its operations from water into waste management, energy, transport services, and construction and property. It acquired the Compagnie Générale d'Entreprises Automobiles (CGEA), specialized in industrial vehicles, which was later divided into two branches: Connex and Onyx Environnement. CGE then acquired the Compagnie Générale de Chauffe, and later the Montenay group. The Energy Services division these companies became part of, was later (1998) renamed Dalkia.
In 1983, CGE helped to found Canal+, the first Pay-TV channel in France, and in the 1990s, they began expanding into telecommunications and mass media, especially after Jean-Marie Messier succeeded Guy Dejouany on June 27, 1996. In 1996, CGE created Cegetel to take advantage of the 1998 deregulation of the French telecommunications market, accelerating the move into the media sector which would culminate in the 2000 demerger into Vivendi Universal and Vivendi Environnement (Veolia).[4]
Vivendi Universal logo from 2000 to 2006.In 1998, Compagnie Générale des Eaux changed its name to Vivendi, and sold off its property and construction divisions the following year to what would become Vinci. Vivendi went on to acquire stakes in or merge with Maroc Telecom, Havas, Cendant Software, Anaya, and NetHold, a large Continental European pay-TV operator. Beginning in 1998, Vivendi launched digital channels in Italy, Spain, Poland, Scandinavia, Belgium, and the Netherlands.
In June 1999, Vivendi merged with Pathé, the exchange ratio for the merger fixed at three Vivendi shares for every two Pathé shares. The Wall Street Journal estimated the value of the deal at US$2.59 billion. Following the completion of the merger, Vivendi retained Pathé's interests in British Sky Broadcasting Group PLC and CanalSatellite, a French broadcasting corporation then sold all remaining assets to Jérôme Seydoux's family-owned holding company, Fornier SA who changed its name to Pathé.
In July 2000, Vivendi spun off its water and waste companies—once its core business—along with interests in other public service sectors such as transport into Vivendi Environnement (IPO in Paris in July 2000 and in New York in October 2001), later (2003) renamed Veolia Environnement.
Vivendi Universal Entertainment was created in December 2000 with the merger of the Vivendi media empire with Canal+ television networks and the acquisition of Universal Studios from Canadian company Seagram.
Vivendi in its current form came into existence on April 20, 2006 following the sale of an 80% stake in the Vivendi Universal Entertainment unit to General Electric to form NBC Universal (merging GE's NBC unit & Vivendi's Vivendi Universal Entertainment unit) and the gradual recovery of the company from its disastrous over-expansion in the late 1990s and the early 2000s.
On December 2, 2007, Vivendi announced that it would be merging its Vivendi Games unit with Activision in a $18.8 billion deal.[5][6] This will allow the merged company, Activision Blizzard, to rival Electronic Arts, the world's biggest video games publisher.[6]
[edit] Money and politicsVivendi Universal disclosed a corporate loss of €23.3 billion in its 2002 annual report; the worst loss to date for a French company. Amid intense media scrutiny, its chairman and CEO, Jean-Marie Messier (who had overseen the most dramatic phase of the company's diversification), was subsequently replaced by Jean-René Fourtou.
Vivendi is a Fortune Global 500 company ranked #264, with a total revenue in the year 2008 of 29.6 billion USD.[7] However, its massive expansion in the late 90s and early 21st century has caused the company both financial and legal trouble. The problems arose during the term of former CEO, Jean-Marie Messier; both US and French regulators are investigating potential cover-ups of company losses.[8] Vivendi is also an example of privatization of a public service, the distribution of water and wastewater.
[edit] 1999Vivendi acquired 100% of Havas.
[edit] 2000Vivendi became Vivendi Universal (VU) after acquiring Seagram which included Universal Studios and its related companies.
[edit] 2001Vivendi Universal acquired MP3.com and a leading American publisher, Houghton Mifflin.
[edit] 2002VU began facing financial trouble. It responded with financial reshuffling, trying to shore up media holdings while selling off shares in its spin-off companies.
Reduced its stake in Vivendi Environnement to 40% and sold its stake in Vinci Construction.
The company's Chairman and CEO, Jean-Marie Messier (who had overseen the most dramatic phase of Vivendi's diversification) resigned. He was replaced by Jean-Rene Fourtou. The company then began reorganizing to stave off bankruptcy. The company announced its strategy to sell non-strategic assets. Its largest single shareholder was the family of Edgar Bronfman, Jr., who was head of Seagram at the time of the merger.
Sold its stake in Vizzavi to Vodafone, with the exception of Vizzavi France. It also sold 20.4% of Vivendi Environnement's capital to a group of investors, and its stake in North American satellite operator EchoStar Communications Corporation.
VU sells Houghton Mifflin to Thomas H Lee, Blackstone and Bain consortium for US$1.66bn.[9]
[edit] 2003Sold Canal+ Technologies to Thomson (formerly Thomson Multimédia); Tele+ to News Corporation and Telecom Italia. It also sold its 26.3% interest in Xfera.
On March 6, Vivendi Universal disclosed its annual report (term ended at December 31, 2002), that is downloadable in pdf format on its site. Some highlights include:
Corporate loss of €23.3 billion: the worst loss for a French company.
Net debt of €12.3 billion
Vivendi Universal will sell assets for 7 billons euros in 2003
On December 1, 2003, Vivendi Universal closed a deal to sell MP3.com to CNET.
Defying predictions that it would be unable to raise the cash needed, VU bought out one of the two minority shareholders in Cegetel, taking its holding to 60 percent, with Vodafone holding the remaining 40 percent. Management viewed the mobile communications firm as a core asset once the bulk of media assets had been sold off.
[edit] 200480 percent of the Vivendi Universal Entertainment branch was sold to GE, forming NBC Universal, with VU retaining a 20 percent stake.
Sold its interests in Kencell (re-branded Celtel, Kenya), Monaco Telecom and Sportfive (which it held through Canal+ Group).
Sold Newsworld International to the business partnership of Joel Hyatt and former Vice-President of the United States Al Gore
VU and Valve Software (makers of Half-Life) went head to head over the distribution of Half-Life 2 to cyber cafés, they later came to an agreement stating:
The authority of distributing cyber café licenses were to be handed over to Valve from VUG and Sierra, and licenses granted by VUG and Sierra to cyber cafés prior to the agreement were revoked.
VUG would cease distributing all retail packaged versions of Valve games by August 31, 2005.
VUG bought the rights to the game Redneck Rampage after Interplay's corporate bankruptcy.
[edit] 2005December 16: it was announced that Canal Plus would merge with TPS, France's second largest Pay-TV provider. If the €5 billion (US$5.9bn; £3.4bn) tie-up is approved, VU will own 85% of the combined entity.
[edit] 2006January 17: Vivendi Universal announced that it will end its American Depositary Receipt program and its listing on the New York Stock Exchange by the end of quarter 2 2006, due to lowered trading volume on its shares and high costs.[10]
April 20: Vivendi Universal announced that shareholders approved a name change. It dropped the "Universal" from its name and will now be known simply as "Vivendi". A new corporate logo was simultaneously unveiled.
August: Vivendi signed a deal with Spiralfrog to distribute Vivendi's songs online in the United States and Canada.
September 8: Vivendi announced that Sierra Entertainment, a division of its Vivendi Games group, would be publishing the new game for Double Fine Productions, later revealed to be Brütal Legend.
[edit] 2007December 2: Vivendi announced that their subdivision Vivendi Games would be merging Activision to form Activision Blizzard. Vivendi will be the major shareholder in this merger holding a 52% to 48% (pending results of the tender offer) stake of the newly formed company.[11][12]
[edit] 2008July 9: Activision Blizzard merger closes for $18.9 billion. Vivendi is majority stockholder, with 52% stake.[13]
[edit] 2009September 8: Vivendi announces negotiations to buy the Brazilian phone operator GVT.[14]
November 13: Vivendi takes control of GVT at a cost of 56 reais per share, trumping Telefónica's bid.[15]
December 3: GE announces it will buy Vivendi's stake in NBC Universal, which will become a joint venture between GE and Comcast.[16]
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