This excerpt taken from the ATVI DEFA14A filed Dec 19, 2007.
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:
Until the transaction closes, we need to continue business as usual at Activision. Its 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.