ATVI » Topics » Key Milestones

This excerpt taken from the ATVI DEFA14A filed Dec 19, 2007.

Key Milestones

As I mentioned in my December 2 letter, the process of planning the combination of Activision and Vivendi Games has just begun. We expect the transaction will close in the first half of 2008 and there are some key milestones we need to reach over the next several months:

 

  Step 1

·   Begin integration planning in January

  Step 2

·   Receive Activision stockholder approval of the combined Activision Blizzard

  Step 3

·   Obtain regulatory approval in the US, the EU and other countries where Activision and Vivendi Games operate

  Step 4

·   Officially close the deal, which is expected in the first half of 2008

·   Following close, begin integration of Activision and Vivendi Games

  Step 5

·   Tender offer from Activision to purchase Activision shares, beginning within five business days of close

 

Until the transaction closes, we need to continue “business as usual” at Activision. It’s important for all of us to stay focused on our work during what is not only a busy holiday season, but also a critical period for our business.

 

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