Vivendi's $8.2 billion sale was all set to go before a shareholder filed suit requesting a vote on the matter.
Former Panama dictator claims his likeness was used for "economic gain" by Activision in the 2012 first-person shooter.
Game publisher sees its fourth-quarter revenue slide, but its two top titles help boost annual revenue and profits. Company also announces it will lay off 7 percent of its staff.
Coming off the success of Call of Duty: Black Ops, Activision Blizzard has announced record-breaking success with World of Warcraft: Cataclysm. One-month sales for the title were 4.7 million units.
Walker Digital is suing the two companies over an alleged infringement of its patent on game tournaments over the Internet.
The revenue and earnings of the World of Warcraft are up for the quarter, and the company raises its forecast for the rest of 2010.
The record-setting number does include standard costs, like marketing, packaging, and royalties. But still, the amount is massive.
The game, expected to launch on Xbox and PlayStation consoles later this year, is the first major release from Bungie since the Halo franchise.
Blizzard releases an infographic detailing never-before-seen global statistics for its enormous MMORPG World of Warcraft, which turns 10 this year. Guess which pet is the most popular.
The company can now buy back Vivendi's shares without holding a shareholder vote on the matter.