Activision Halts Vivendi Talks and 2 More Heavily Traded Stocks to Follow

Activision Blizzard (NASDAQ:ATVI): Current price $14.90

Knowledgeable sources say that the video game publisher has halted talks on repurchasing shares held by its parent company Vivendi, amid a dispute over price adding that Activision was considering the purchase at least some of Vivendi’s stake as recently as April. Vivendi holds a 61 percent Activision shareholding valued at over $10 billion as of Tuesday’s close, and would have gradually divested its outstanding shares on the open market if a stake remained.

NEW! Discover a new stock idea each week for less than the cost of 1 trade. CLICK HERE for your Weekly Stock Cheat Sheets NOW!