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ATVI » Topics » Patrick Wellington - Morgan Stanley - Analyst

This excerpt taken from the ATVI DEFA14A filed Dec 5, 2007.

Patrick Wellington  - Morgan Stanley - Analyst

 

Thank you. Jean-Bernard, could I just come back to that? I mean, you started the call by saying how you’re all great pals together. You’ve got 52% of the company as this deal goes through. Your answer seems to imply that you would want more than that in the future. What’s the dynamic between you and the Activision management over quite how far Vivendi can go in the future? Because clearly one of the ideas from the Blizzard side is that this provides a currency for attracting and retaining staff.

 

Jean-Bernard Levy  - Vivendi - CEO

 

I would answer to that, Patrick, that we hope we’ll get to 68%, but maybe we won’t, and we’d be happy with 52%, and maybe we’ll consider buying more shares on the market or the company buying back its own shares. We will see that when it’s the right time and we will discuss that at the Board in the best interests of Activision Blizzard, with all directors having to exercise their fiduciary obligations, of course, as per the regulations.

 

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