It's official! Activision has been bought out by Vivendi. Don't worry, nothing changes for shareholders. The stock is still traded under the ATVI symbol, except now the company is Activision Blizzard (ATVI).

Under terms of the agreement, Vivendi is buying 62.9 million newly issued Activision shares at $27.50 per each for a total of about $1.7 billion in cash. In addition, shares of Vivendi Games will be converted into 295.3 million new shares of Activision common stock at a price of $27.50 per share, for a value of $8.1 billion.

This is great deal and I think it's a win-win for both companies. Congratulations on cementing the deal!