Ubisoft shares skyrocket 33% after report Tencent, Guillemot family considering buyout
Ubisoft shares skyrocket 33% after report Tencent, Guillemot family considering buyout
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.
as much as i dislike Ubisoft, i'd really rather Tencent didnt end up owning the whole gaming industry.
I don't know if buying a sinking ship will help them much in that regard.
so they think adding tencent will HELP things there?? I cant wait to pay to unlock towers to climb.
No but if you’re being bought out then you could get higher value than the stock is worth
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.
So is that not market manipulation?