Advertisement

Activision Postpones Common Stock Offering

Share
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.

Advertisement