Report: Vivendi's takeover of Ubisoft planned for this year

[Helloplite]

Ka-pi96 said:

hunter_alien said:

I think that hostile takeover is a term used when an entity tries to take over another entity whose majority of their board does not want it, but does not posess enough shares to stop the legal procedures from starting.

Yeah, this. It's not just a "buzz word" it's an official term.

Kinda sucks for the Ubisoft owners... but if they didn't want to get taken over they shouldn't have put over half the company on the public market...

Sometimes this is not really feasible. Many companies have to raise funds by making more than 50% of their shares available in stock markets. Oftentimes, you simply do not have a choice, as it may be required to keep a positive cash flow and/or health liquid assets.