Ubisoft might be preparing for a buyout following a string of poorly received games and rapidly dropping share prices. Guillemot may sell to Tencent.
Read More »Tencent is planning to increase its stake in Ubisoft, sources claim
A few years back Ubisoft found itself in a very vulnerable position, with investment giant, Vivendi, looking to take over the company. Eventually Ubisoft was able to fight off the hostile takeover with some assistance from Tencent, which acquired a small stake in Ubisoft at the time. Now, Tencent is …
Read More »Twitter is suing Elon Musk for pulling plug on buyout
After seemingly joking about it earlier this year, Elon Musk made a bid to acquire Twitter in April 2022, offering $43 billion for control of the company. Shortly after, Musk put the deal ‘on hold' while awaiting accurate information on the number of spam bot accounts on the platform. Now, …
Read More »The Guillemot family reportedly wants to maintain control of Ubisoft
Just one week ago, reports claimed that Ubisoft was in the process of cleaning up its business in an effort to sell to new ownership. As it turns out, things aren't that simple. According to updated information, the Guillemot family wants to maintain control over Ubisoft, and they may partner …
Read More »Elon Musk is officially buying Twitter, plans to complete deal this year
Just as reported yesterday afternoon, Elon Musk is indeed buying Twitter. The company officially accepted the buyout offer last night, with plans to complete the deal before the end of the year. Thanks to the announcement, we can also clear up confusion on how much the deal is worth. Previously, …
Read More »Twitter plans to accept Elon Musk’s buyout offer, sources claim
Elon Musk has always had a huge presence on Twitter, to the point where even if you don’t follow him, you’ve likely seen him pop up in your feed. Now, Musk is making a bid to buy Twitter outright, and despite early reports, it seems the company will accept the offer.//
Read More »Tech companies voice support for Nvidia’s proposed Arm takeover
After Nvidia announced plans to acquire ARM in a $40 billion deal, a number of tech companies raised concerns, including the likes of Qualcomm, Google and Microsoft. Now, several companies that license ARM technology are speaking out in support of Nvidia's takeover, providing counter arguments. As reported by Bloomberg, this …
Read More »Sports Direct is taking over GAME in deal worth £52 million
Update (15.07.19): Last month we heard that Sports Direct was looking to save UK retailer GAME with a takeover bid worth roughly £52 million. Now just over a month later, it looks like the takeover is all set to go forward, with Sports Direct set to own 84 percent of …
Read More »Vivendi has officially sold off all of its shares in Ubisoft
Back in late 2015, former Activision owner, Vivendi, began buying shares in Ubisoft, seemingly with plans to take over the company. Ubisoft's CEO spoke out against the takeover and even took steps to fight back against it. Eventually, Vivendi relented and agreed to sell off its shares. Now, Ubisoft is …
Read More »Vivendi plans to sell off all remaining Ubisoft shares by March
Back in October of 2015, Vivendi, the same company that once owned a majority stake in Activision, started taking an interest in Ubisoft. Vivendi swiftly began buying up shares, putting Ubisoft's board into a bit of a panic. Ubisoft made it clear that the potential takeover was not welcome and …
Read More »Ubisoft has managed to escape a takeover from Vivendi
Ever since late 2016, Ubisoft has been operating under the very real threat of a hostile takeover. Former Activision owner, Vivendi, had been increasing its stake in Ubisoft over the course of a year, something that Ubisoft's leadership was very much against. Now, it looks like the publisher has won …
Read More »US security panel deems Broadcom’s bid for Qualcomm as a potential risk to national security
Broadcom's attempt to take over Qualcomm has hit a roadblock, with a US government security panel deeming the deal as potentially harmful to national security.
Read More »As Qualcomm raises its NXP offer, Broadcom slashes $4 billion off of its Qualcomm buyout deal
For several months now, Broadcom has been attempting to acquire Qualcomm. Initially, Broadcom offered a $130 billion buyout, and then upped the ante to $145 billion. On both occasions, Qualcomm declined, which led to Broadcom announcing a hostile takeover strategy, which hinges on swaying shareholders at Qualcomm's next shareholder meeting. …
Read More »Qualcomm rejects Broadcom’s ‘final’ takeover offer
Back in November, Qualcomm found itself in the sights of Broadcom, receiving a massive $130 billion takeover offer. At the time, Qualcomm rejected the bid, stating that the amount offered did not truly represent the value of the company. Rumors of a hostile takeover brewed in the months that followed, …
Read More »Sources claim Qualcomm is set to reject $130 billion takeover offer
Earlier this week we learned that rival chip maker, Broadcom, would be making a $130 billion bid for Qualcomm. The deal would merge the two companies, creating the third largest chip maker in the world. However, it seems that Qualcomm may not be interested in the unsolicited bid, as reports …
Read More »Ubisoft to buy back 4 million shares to defend against Vivendi takeover
Over the last year, Ubisoft has been fighting off a potential takeover from Vivendi. CEO, Yves Guillemot has previously made it clear that he heavily opposes a Vivendi takeover and now, it looks like the publisher is taking action, with plans to buy back four million shares. In a notice …
Read More »Guillemot might lose Ubisoft to Vivendi in November
Ubisoft’s Yves Guillemot might feel ready to fight, but the threat from Vivendi is stronger than ever as the media conglomerate is set to receive double voting rights in November. This would result in the Vivendi breaching 30 percent voting rights, prompting a hostile takeover that could end the Guillemot’s …
Read More »Ubisoft’s Yves Guillemot feels ready to fight Vivendi
Ubisoft and Vivendi have been toe-to-toe for the past two years, with Ubi’s CEO, Yves Guillemot resolute in keeping his company. Things have been escalating as Vivendi increases its shares in the company and despite currently holding 27 percent as of last month, Guillemot is still fighting to preserve Ubisoft’s …
Read More »Vivendi’s share of Ubisoft is still growing, at 24 percent
Despite a concerted effort by Ubisoft founders and executives, French multinational media conglomerate Vivendi, is still managing to increase its stake in the publisher. In the past few months it's increased its ownership of the company to 24 percent, cementing its attempt at a hostile takeover. Vivendi's last big stint …
Read More »Ubisoft spent another £106 million to prevent Vivendi buyout
Vivendi has been aggressively attempting to take over French publishing giant Ubisoft for the best part of a year, but its original founders have been fighting back. In a recent attempt to prevent Vivendi from becoming its new boss, Ubisoft has spent over £100 million to buy up a further …
Read More »Ubisoft founders to buy shares to ward off Vivendi takeover
The Guillemot family which originally founded game publishing giant, Ubisoft, is set to buy up 3.5 per cent of the company's shares, in order to help ward off a hostile takeover from Videndi. This would bring the Guillemot's to around 12.5 per cent ownership of the company, increasing their stake …
Read More »Vivendi raises stake in Ubisoft but takeover won’t happen for six months
Ubisoft has found itself in quite a predicament recently as a company known as Vivendi has been buying up shares in what could turn out to be a hostile takeover. However, while a takeover is still on the table, Vivendi's CEO has proposed a “fruitful cooperation” between itself and Ubisoft, …
Read More »Regulator slams Three’s O2 buyout, demands Commission do more
The move by mobile network Three, to try and buyout other major UK network, O2, looks to have hit a snag, as the British antitrust regulator has raised concerns about a recent European Commission investigation into the merger. It described the remedies to cited problems as “materially deficient,” and wants …
Read More »Daily Mail parent company considering Yahoo buyout
Although it may not go it alone, with talks said to be ongoing between the Daily Mail and General Trust (DMGT) and private equity firms, the parent company of the Daily Mail publication is said to be in talks with Yahoo over a potential buyout. This was confirmed by the …
Read More »Yahoo investor goes rogue, wants to take over the company
A major investor of search and advertising giant Yahoo, has announced its intention to take control of the company through dominating the board of directors. To make that happen, it's put forward nine candidates and has asked fellow investment firms to join with it and help those members get elected, effectively …
Read More »Vivendi is trying to muscle in and take over Ubisoft
Vivendi is a company with a lot of fingers in a lot of pies, though most recently it took a step back from the gaming industry when it sold its stake in Activision/Blizzard back to the publishing giant. However it soon set its sight on another large corporation: Ubisoft, and …
Read More »Security conference visitors gave away their Twitter passwords
As much as you have to applaud anyone for taking digital security seriously enough to attend a conference about it, you have to wonder how much they're taking in when they willingly give away their Twitter passwords. As part of a promotional move (and perhaps as a measure of attendee …
Read More »Vivendi raises stake in Ubisoft
Last night, we heard that Vivendi, the same company that previously took over a majority stake in Activision, had begun acquiring shares in Ubisoft. At the time, the publisher's CEO expressed concern that Vivendi would keep raising its take in the company until it had a majority of shares under …
Read More »Ubisoft CEO isn’t happy with ‘unwelcome’ $161 million investment
Ubisoft recently received a $161 million investment from a company known as Vivendi, which is known for aggressively pursuing companies within the entertainment sector. As it turns out, Ubisoft's CEO isn't too happy about the cash infusion, according to an internal memo circulating over at the publisher's offices. The internal …
Read More »Ubisoft buys up Ivory Tower and The Crew
With The Crew set to receive a big expansion called Wild Run this November, Ubisoft has decided that it would like to have a bit more involvement in its developer than just publishing it. So it's purchased Ivory Tower, the developer behind the mixed-bag of a racer. There has been …
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