Activision Blizzard gets tenders of 86,000 shares

New York, Aug. 13 - Activision Blizzard, Inc. said it received tenders for 86,000 shares by the time its offer to purchase its stock expired at 5 p.m. ET on Aug. 13.

The company expects to buy all those shares at the offer price of $27.50 a share, for a total of $2.37 million.

Activision Blizzard announced on July 16 that it would buy up to 146.5 million shares, or 22% of the total outstanding.

Its stock closed at $34.50 on Wednesday.

The offer was being made in connection with the $18.9 billion combination of Activision, Inc. and Vivendi Games completed on July 9.

Activision Blizzard agreed to begin the tender offer with five business days after the combination closed.

Information agent for the offer is Morrow & Co., LLC (800 245-1502).

Activision Blizzard is a Santa Monica, Calif., pure-play online and console game publisher.

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