Investment bank Investec said on Friday that it believed Microsoft Corp. was in talks with French media conglomerate Vivendi Universal about buying Vivendi's video game business for as much as $2 billion.
A spokeswoman for Vivendi Universal's game unit declined to comment. A Microsoft spokeswoman could not be immediately reached for comment.
Jeff Van Rhee, Investec's director of enterprise software research, told Reuters he had received indications a deal was in the works. "There was some pretty actionable data that said something had just happened and things were heating up pretty quickly," he said.
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