Vivendi (VIVHY) seems to be getting much more aggressive in their quest to dispose of their 61% stake in Activision. While I think this is an excellent move that the company should look at, I think the company is making a mistake by being so public about it as it could potentially hinder pricing for Activision (ATVI). Vivendi suffers from a severe conglomerate discount so anything that the company could do to clean up its corporate structure would be beneficial. If the company can’t get a good price they should just look at spinning off the stake.
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