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Microsoft, Vivendi in Video Game Talks - Analyst | |
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| Time: 14:51 EST/19:51 GMT | News Source: Reuters | Posted By: Robert Stein | ||
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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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| #1 By 665 (64.126.91.172) at 1/24/2003 5:28:59 PM |
| It will be very huge. I think MS would go for it, but $2 billion is a ton of money. How much was Microsoft going to invest in the Xbox? $4 billion? If so, there's half of it. |
| #2 By 665 (64.126.91.172) at 1/26/2003 4:32:10 PM |
| I just hope they aren't blowing their money on this... I mean, yes, there are a ton of top quality games they would get, but with this taking up roughly half their budget, I just hope this doesn't come back to bite them. |
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