Vivendi Said to Seek Buyer for $8.1 Billion Stake in Activision

Vivendi SA, the media and telecommunications company that ousted its chief executive this week, has decided to seek a buyer for its $8.1 billion stake in Activision Blizzard Inc., a person with knowledge of the situation said.

Should no buyer emerge for the 61 percent holding in the Santa Monica, California-based video-game publisher, Paris-based Vivendi plans to sell shares in the market, said the person, who sought anonymity because the plans are private.