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alessandro@lemmy.ca to PC Gaming@lemmy.ca · 8 months ago

Ubisoft shares skyrocket 33% after report Tencent, Guillemot family considering buyout

www.cnbc.com

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Ubisoft shares skyrocket 33% after report Tencent, Guillemot family considering buyout

www.cnbc.com

alessandro@lemmy.ca to PC Gaming@lemmy.ca · 8 months ago
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  • cross-posted to:
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Ubisoft shares surged 33% Friday after a media report that Tencent and the firm's founding Guillemot family are considering a potential buyout of the company.
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  • gwindli@lemy.lol
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    8 months ago

    as much as i dislike Ubisoft, i’d really rather Tencent didnt end up owning the whole gaming industry.

    • SharkAttak@kbin.melroy.org
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      8 months ago

      I don’t know if buying a sinking ship will help them much in that regard.

  • HorreC@lemmy.world
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    8 months ago

    so they think adding tencent will HELP things there?? I cant wait to pay to unlock towers to climb.

    • ILikeBoobies@lemmy.ca
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      8 months ago

      No but if you’re being bought out then you could get higher value than the stock is worth

  • RightHandOfIkaros@lemmy.world
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    8 months ago

    Of course the Guillemot family wants to keep their control of Ubisoft. If they do and the company goes private, Ubisoft is still going to die.

  • Didros@beehaw.org
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    8 months ago

    So is that not market manipulation?

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