Transaction: Vivendi agrees to sell its stake to a group led by Kotick, Morhaime, top managers + private equity funds. 684 million share@14 dollars= 9.5 B dollars.
Licensing: Activision Blizzard sells the TV&Movies rights of Skylanders+World of Warcraft to Disney or Warner for 2 billion dollars.
Dividend: 0.19 dollar a share - 200 million dollars
Speciali Dividend: 3 dollars a share - 3.4 billions dollars
Share buyback: 3 billion dollars program
Debt financing: 1.2 billion dollars
*All in all:
- Kotick and Morhaime led group takes control of 50%+ of the company for around 5 billion dollars
- Company remains floated
- On the balance sheet: 4.4+2-0.2-3.4-3+1.2= 1 billion dollar in cash & 1.2 billion dollars of debt