BRUSSELS (Reuters) - French telecom and media group Vivendi won permission from the European Commission on Wednesday to merge its videogame unit with Activision Inc (ATVI.O) in a $9.85 billion deal.
The complex deal will give Vivendi a 52 percent stake in a new industry giant called Activision Blizzard with annual revenue of $3.8 billion, rivaling that of Electronic Arts Inc (ERTS.O), the world's biggest independent game publisher.
____________
Source: Yahoo
