Vivendi In Trouble
The world’s fourth largest games publisher Vivendi Universal has had it’s shares suspended on the Paris stock exchange following allegations profit figures for the company’s 2001 accounts were inflated by $1 billion. The revelation last week caused Vivendi stock to plummet 32 percent, triggering a suspension of trading. Analysts expect the multi-national giant to be broken up by the end of the year into separate subsiduary components. VU incorporates games companies Vivendi Universal Games, Blizzard Games, Sierra Entertainment and Universal Interactive Studios.
Gamesindustry.biz
posted by monty · at 3:27 pm · filed under News