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ATVI » Topics » f) Restructuring and post merger integration activities

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

f) Restructuring and post merger integration activities

 

Activision Blizzard now conducts the combined business operations of Activision and Vivendi Games. The overall integration of the companies includes projected cost savings associated with anticipated restructuring plans and other operational efficiencies, greater economies of scale and revenue enhancement opportunities. The anticipated restructuring plans will, in particular, impact the former Vivendi Games’ products, assets, studios and support workforce. Such decisions bear no relationship to the way Vivendi Games would have conducted its activities on a stand-alone basis, had the Business Combination not occurred. The financial impacts of such actions did not impact the six months ended June 30, 2008, because the Business Combination had not occurred.

 

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f) Restructuring and post merger integration activities

 

Activision Blizzard now conducts the combined business operations of Activision and Vivendi Games. The overall integration of the companies includes projected cost savings associated with anticipated restructuring plans and

 

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other operational efficiencies, greater economies of scale and revenue enhancement opportunities. The anticipated restructuring plans will, in particular, impact the former Vivendi Games’ products, assets, studios and support workforce. Such decisions bear no relationship to the way Vivendi Games would have conducted its activities on a stand-alone basis, had the Business Combination not occurred. The financial impacts of such actions did not impact the six months ended June 30, 2008, because the Business Combination had not occurred.

 

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f) Restructuring and post merger integration activities

 

Activision Blizzard now conducts the combined business operations of Activision and Vivendi Games. The overall integration of the companies includes projected cost savings associated with anticipated restructuring plans and other operational efficiencies, greater economies of scale and revenue enhancement opportunities. The anticipated restructuring plans will, in particular, impact the former Vivendi Games’ products, assets, studios and support workforce. Such decisions bear no relationship to the way Vivendi Games would have conducted its activities on a stand-alone basis, had the Business Combination not occurred. The financial impacts of such actions did not impact the six months ended June 30, 2008, because the Business Combination had not occurred.

 

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EXCERPTS ON THIS PAGE:

8-K (3 sections)
Nov 5, 2008

RELATED TOPICS for ATVI:

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