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Activision's merger with Vivendi will shake gaming biz
2009-09-22 00:00:00
to approve a merger with Vivendi Games that will allow the deal to close within days and create a new top dog in the fast-growing video gaming world.
The terms of the deal, unveiled in December, valued the new Activision Blizzard at $18.9 billion. Current gaming king Electronic Arts Inc's' market capitalization after Monday's market close stood at $14.1 billion, according to Yahoo Finance.
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