Analyst: Activision/Vivendi potential earnings of USD 1.38 Billion in 2009 |
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Citigroup analyst Brent Thrill has predicted a bright future if the Activision/Vivendi merger pushes through. Thrill has estimated that the merged company has the potential of earning as much as US$ 1.39 billion in 2009, a full 15% ahead of guidance figures.
The analyst noted that the merger is still waiting approval but he is sure that the deal will be closed by the first half of 2008.
Thrill also noted that this merger would help strengthen Activision's 2009 bid. He added that the company already has everything in place, citing the company's strong industry back drop, line-up of games, and future prospects of European penetration.
While this is just a forecast, all the data presented seems to indicate success for the merged company. We'll just have to wait and see if Thrill's predictions hold true.
Via Seeking Alpha
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