has certainly done well for itself over the past year. World of Warcraft
may have seen a slight dip in subscriptions, but that hasn't made the company any less profitable. But rumors are swirling that owner Vivendi may be looking to sell off the company
, either lowering its current 61% share or selling it off entirely. Vivendi will discuss its exact plans in its meeting with investors on June 22nd.
In light of these rumors, shares of Activision-Blizzard have dropped 3.3%, while shares of Vivendi have grown 3.8%. Vivendi as a whole saw a net 28% drop in stock price over the past year, so the company is looking for infusions of cash, but considering Activision-Blizzard's upcoming titles (including the new World of Warcraft
expansion, Mists of Pandaria
), we can't help but wonder if selling the house
might be a bit premature. We'll have more on this story and the impact for both companies as it develops.