And Vivendi is still continuing to snap up shares of Ubisoft as soon as they become available!
French media conglomerate Vivendi politely issued a press release today declaring that it now owns over 24 percent of the share capital (think: value) of French video game company Ubisoft.
Ubisoft has been trying their hardest to fight the hostile takeover by Vivendi, but its not working out to well, in less than a year Vivendi been able to more than double their ownership of Ubisoft and they are still on the warpath trying their best to become a majority owner.
So what do you think of this news, will gamers be upset once Vivendi starts controlling Ubisoft, remember for years they controlled Activision and Blizzard and it seems that since that pair were able to split away from Vivendi, they been doing much better, the problem is no one knows what Vivendi plans are after they get control of Ubisoft, which at this rate could take them another year.
NEWS SOURCE: Vivendi now owns nearly 25% of Ubisoft (via) Gamasutra