Bankers in line for telecom and media fees windfall

wochit business
July 26, 2013 AT 1:06 PM
Bankers working on the sale of the bulk of Vivendi's stake in Activision Blizzard Inc to the video games maker and its management could earn advisory fees of up to $80 million, according to an industry estimate. France's Vivendi announced the $8.2 billion sale, its second blockbuster deal in a week.