Activision Blizzard!

ARS Technica: Activision has announced some earth-shattering news: the gaming giant would be merging with Vivendi Games to form one monolithic gaming company called Activision Blizzard. The deal, worth almost $20 billion, will see Activision CEO Bobby Kotick keep his place as CEO, while Vivendi's Bruce Hack will become the Chief Corporate Officer of the combined company. After all the stock shuffling, Vivendi will own approximately 68 percent of the new company. [more]