Video-game deal takes aim at rival

France's Vivendi is merging its game unit with Activision to fight off Electronic Arts. Investors turn to this week's economic data ahead of the Fed meeting next week. E*Trade is downgraded.

"World of Warcraft" is teaming up with "Guitar Hero."

French entertainment company Vivendi, maker of "Warcraft," is buying a controlling stake in "Guitar Hero" maker Activision in a deal that will produce a rival to industry leader Electronic Arts.

Shares of Activision jumped $4.29, or 19.4%, to $26.44 in morning trading.

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- Posted: 2007-12-03 10:00:25

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