Activision Postpones Common Stock Offering
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Bloomberg News
Activision Inc., a maker of games for computers and home video game systems, postponed a planned public offering of an additional 6 million common shares because of market volatility resulting from the terrorist attacks on the U.S.
Activision had filed with the Securities and Exchange Commission in July to sell 5 million shares. Co-chairmen Robert Kotick and Brian Kelly added a combined 1 million shares of their own in August.
Shares of Santa Monica-based Activision fell 12 cents to close at $24.35 on Nasdaq.