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Activision to spend billions of dollars to buy spine Vivendi stake Activision Blizzard, founder of Cod and Warcraft, is expending $5.83 zillion to buy backside roughly 429 zillion shares via majority shareholder Vivendi.Activision announced Comes to an end that it will discover the shares regarding $13.60 each and every. In addition, ASAC The 2nd, led through Activision CEO Bobby Kotick and Co-Chairman Brian Kelly felix, will carryout a separate transfer to purchase an additional 172 million Activision gives wow power leveling for $2.24 billion.With the agreement, Vivendi don't be a greater part shareholder but will retain 12 % ownership -- your drop via 61.1 percent. ASAC II will certainly own a spot of world of warcraft power leveling 27.9 percent.Corresponding storiesGame developers: The Wii Ough is a 'disappointment'Diablo Three looks able to rock the particular living roomThe Head honcho and co-chairman get personally driven $100 million to the deal.Father christmas Monica, Calif.-based Activision will account the acquisition by using $1.2 mil in dollars and roughly $4.6 mil in debt. Banking institutions including J.P. Morgan along with Bank of America Merrill Lynch will lead to the financing. Activision says the step represents a good "tremendous opportunity for Activision and all sorts of its stakeholders, including Vivendi" because they build on the toughness and flexibility for the publisher, as well as "preserving financial stability." Activision for it to cost billions to acquire back Vivendi position