NEWS - Monday, May 30, 2005
Game over for Ubisoft? Ask Vivendi
Frances No. 2 game maker has been at the center of takeover speculation since Electronic Arts Inc., the worlds largest video game publisher, bought a 19.8% stake in December. Ubisoft described that purchase as hostile and committed itself to an independent future. It then privately entered into talks with EA, which, it emerged during E3, broke down several weeks ago. Rumors of a potential takeover have since grown along with Ubisofts share price. Ubisoft stock has risen 15% since May 13, closing at €36.80 ($46.20) on Friday. Catch the rest here.Source: http://www.thedeal.com/