Ubisoft has countered Vivendi’s attempted hostile takeover with a flawless boardroom victory that will see it buy back a whopping 30,489,300 shares. The move will see Tencent invest in the French publisher, as it attempts to leverage the firm’s intellectual property in its native China. More importantly, Vivendi will be blocked from purchasing Ubisoft shares for at least five years, at which point we’ll presumably repeat this merry song and dance.
Ultimately, this is great news. While you may not like every game Ubisoft releases, its creative independence should not be understated, and this move will allow it to continue to experiment and innovate without the shadow of shady businessmen watching over its shoulder.
[source finance.yahoo.com]
Comments 12
Awesome!
Vivendi. Why u were soft.vivendi sounds like a place ezio went to in assasin creed.word up son
Tencent isn't a whole lot better.
Va va voom off Vivendi.
Can we say that with Vivendi, the future wasn’t Assassin’s Creed-like. It was more like Apollo’s Creed—very Rocky, indeed.
@Orpheus79V They're just an investor, though, and seems they're only really interested in using the IP in China. It's a win-win for Ubi.
Some good comments in here by the way, you're making me laugh!
All I can think of...
Hostile take over is unethical, there's no good outcome for gamers if vivendi aqcuire ubisoft.
Ubisoft is okay.
But Vivendi should definitely buy EA, Activision and Konami!
this is such gooood news, gg Yves
@PS_Nation No thx these companies only suck a company dry and leave a dead shell and lot of people without a job.
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