SANTA MONICA, Calif., Aug 19, 2008 /PRNewswire-FirstCall via COMTEX News Network/ — Activision Blizzard, Inc. (Nasdaq: ATVI) today announced the final results of its tender offer to purchase up to 146,500,000 shares of its outstanding common stock at a price of $27.50 per share, net to the tendering stockholders in cash, less any applicable withholding taxes and without interest. The tender offer expired at 5:00 p.m., New York time, on Wednesday, August 13, 2008.
Pursuant to the tender offer, Activision Blizzard has purchased 85,916 shares of its common stock at a purchase price of $27.50 per share for a total cost of approximately $2.3 million, excluding fees and expenses relating to the tender offer. Activision Blizzard is funding the purchase of shares in the tender offer with available cash on hand.
Rising Star Games announces XG Blast! to be released in PAL territoriesAugust 19th 2008 – Prepare for space battles galore because Rising Star Games is pleased to announce it has signed the rights to bring retro-style shooter XG Blast! to Europe. Scheduled for release in November 2008, XG Blast! (short for eXtreme Gravity and refers to the main in-game weapon) will be available exclusively on the Nintendo DS™ and in all PAL territories.
Undergoing a secret experimental journey, the spaceship Aknathen detects an energy spectrum identical to the one emitted by its prototype weapon, the XG Blast. Travelling to investigate, Aknathen is sucked through a wormhole and into a dimension filled with aggressive alien life-forms determined to take the weapon for themselves. Fight your way through hordes of enemies to uncover the origin of the mysterious signal and find your way back home.
LISBON – August 19, 2008 – Portugal’s leading video games investor and developer, GAMEINVEST, is creating a beautiful and expansive world for multiple platforms this fall with World of Zellians. Currently in development for Nintendo Wii™, Xbox 360, PlayStation® 3, and PC platforms, World of Zellians is a strategic life simulation game where players must create, manage and grow a prosperous new civilization while caring for the wellbeing of the community. GAMEINVEST is currently looking for qualified distribution and publishing partners for World of Zellians on the various platforms.
“The concept of creating a balanced society in World of Zellians is truly engaging and challenging, and we are designing this experience to be fun and accessible for all audiences – from casual to core gamers,” said GAMEINVEST founder and CEO Paulo Gomes. “As the ruler of this society, players will be responsible for developing the community as well as providing a positive influence in the world – creating a very challenging and interactive gaming experience.”
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