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Industry News
Activision Seeks Recession-Fueled Bargains

kotaku - March 4, 2008

Submitted by felipedmoreira (77) at 1:33PM PST on March 4, 2009

What does a company like Activision Blizzard do when sitting on $3 billion in cash with no debt while many gaming companies flounder in the face of an economic recession? They go shopping. Activision Blizzard's top publishing executive Mike Griffith told Bloomberg that the current economic climate is perfect for creating acquisition possibilities.