Vivendi To Sell Their Videogame Division?
by Thomas on Dec. 14, 2002 @ 11:14 a.m. PST | Filed under News
Vivendi Universal has held talks with at least three potential suitors to sell its video game arm but no deal is believed to be near, according to banking sources familiar with the situation. Vivendi Universal Games has talked to Microsoft Corp., Sony Corp. and Electronic Arts Inc. about a possible acquisition, though those conversations were described by the sources as preliminary. The talks come as Vivendi Universal Entertainment, which encompasses the Franco-American conglomerate's TV, film, music, theme park and game assets, has itself been the subject of a takeover bid, with oilman Marvin Davis spearheading a deal worth about $15 billion for the unit.
