Last week Vivendi finance director Philippe Capron said that the company had eliminated the possibility of a \u201cstraight break-up\u201d between its media and telecoms departments. Vivendi has had troubles in the past with selling off Activision-Blizzard, and this announcement seemed to indicate that Vivendi wasn\u2019t actively pursuing anything at this time.<\/p>\n
However a source for CVG has said that a sale of the gaming company \u201cabsolutely remains under consideration.\u201d<\/p>\n
Vivendi is pursuing a sale in order to help pay off its whopping 14 billion euro debts, and resurrect its falling share values, which have halved since 2007. Selling off Activision-Blizzard would be a fast solution, but the publisher and potential buyers can\u2019t seem to agree on a price.<\/p>\n
Reports are that Microsoft was in discussion with Vivendi but negotiations hadn\u2019t gone any further, and Sony weren\u2019t interested at all.<\/p>\n
Last week Capron said that the debt was not forcing Vivendi\u2019s hand, and that the company “does not have to sell anything or do anything immediately”.<\/p>\n
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