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Ubisoft Stock Jumps 14% After Reports Of Tencent Buyout
Friday, December 6, 2024 - 3:44pm | 467Ubisoft Entertainment SA (OTC:UBSFF) is in talks with Tencent Holdings ADR (OTC:TCEHY) over a potential buyout. According to Reuters, the deal would allow Ubisoft’s founders, the Guillemot family, to retain control if the company goes private. This development follows a difficult year for...
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Ubisoft Is 'Mismanaged, Shareholders Are Hostages': Investor Demands Video Game Company Go Private After Stock Drop
Tuesday, September 10, 2024 - 1:58pm | 546Ubisoft Entertainment SA (OTC:UBSFF) faces pressure from a minority shareholder to go private, following the release of Star Wars Outlaws. Slovakia-based hedge fund AJ Investments, which holds less than 1% of Ubisoft’s stock, issued an open letter to the company’s board of directors,...
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Too Many Games, Too Little Time: Ubisoft Addresses Delays And Cancellations
Wednesday, February 22, 2023 - 5:25pm | 561Ubisoft (OTC: UBSFF) CEO Yves Guillemot addressed concerns regarding recent game cancellations during the company’s latest quarterly earnings call. The studio behind titles like "Assasin’s Creed," "Prince of Persia," and "Tom Clancy" recently confirmed the...
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Ubisoft CEO Owns Up To 'Ball In Your Court' Remark To Employees Over Game Delays
Thursday, January 19, 2023 - 1:06pm | 372Ubisoft (OTC: UBSFF) CEO Yves Guillemot has apologized for seemingly shifting blame for the video game publisher's troubles to employees. Ubisoft — the studio behind titles like “Assasin’s Creed,” “Prince of Persia,” and “Tom Clancy” —...