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ATVI » Topics » c) Dividend distribution to Vivendi

These excerpts taken from the ATVI 8-K filed Nov 5, 2008.

c) Dividend distribution to Vivendi

 

Prior to the consummation of the Business Combination, under the terms of the BCA, Vivendi Games declared and paid a dividend to Vivendi in the aggregate amount of $77.5 million. This amount was derived from the Vivendi Games cash balance, less the tax payment, less the borrowings under the loan facility and less the $15.0 million in cash, all as discussed above.

 

c) Dividend distribution to Vivendi

 

Prior to the consummation of the Business Combination, under the terms of the BCA, Vivendi Games declared and paid a dividend to Vivendi in the aggregate amount of $77.5 million. This amount was derived from the Vivendi Games cash balance, less the tax payment, less the borrowings under the loan facility and less the $15.0 million in cash, all as discussed above.

 

c) Dividend distribution to Vivendi

 

Prior to the consummation of the Business Combination, under the terms of the BCA, Vivendi Games declared and paid a dividend to Vivendi in the aggregate amount of $77.5 million. This amount was derived from the Vivendi Games cash balance, less the tax payment, less the borrowings under the loan facility and less the $15.0 million in cash, all as discussed above.

 

EXCERPTS ON THIS PAGE:

8-K (3 sections)
Nov 5, 2008

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