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Vivendi to Buy Activision

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December 3, 2007

French media conglomerate Vivendi says it plans to buy a controlling stake in U.S. video game maker Activision. The deal is worth nearly $10 billion. If regulators approve it, Vivendi would go from being a minor player, to the giant in the $40 billion international game industry. Vivendi's video game division already produces the hit game "World of Warcraft." Activision is known for the popular game "Guitar Hero," which lets video gamers rock out to popular tunes.

 
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