Post by Jägerbomber on Feb 26, 2016 19:04:51 GMT
www.eurogamer.net/articles/2016-02-26-ubisoft-fighting-hostile-takeover-bid-from-vivendi
Vivendi upped its stake to 10.39 per cent and began mulling a purchase of Gameloft, the mobile game company founded by Ubisoft boss Yves Guillemot and his brothers.
At the time, Guillemot called the move "unsolicited and unwelcome". Vivendi said it was all "part of a strategic vision of operational convergence between Vivendi's content and platforms on one hand and the Ubisoft and Gameloft productions in video games on the other."
In February, Vivendi went ahead and nabbed 30 per cent of Gameloft, enough to trigger a mandatory take-over bid under French law. Vivendi is still tempting shareholders to sell their stock by paying for shares at 50 per cent above their actual value.
The company will move away from launching "fire and forget" games, Guillemot told investors earlier this month, to supporting multiplayer-led games all year around and then over multiple years - notably with the upcoming The Division.
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