Thursday, April 25, 2024

Ubisoft fights off takeover by entertainment giant Vivendi

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Ubisoft is finally free of Vivendi. The entertainment titan behind the Universal Music Group and Dailymotion kept buying more and more Ubisoft shares since 2015 to the point that it became the video game publishers largest stakeholder. While Vivendi said that it was only interested in a seat in Ubisofts board, the video game publisher sees its aggressive purchase as a hostile takeover and has been thinking of ways to fight it off for years. Now, it looks like Ubisoft will safely rem…..
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