LegitHyperbole said:
Only if it's topical or I'm interested enough. I recently made a thread praising The Witcher 3 for being its brilliant aelf. If Ubosoft's stock and talks of a hostile takeover weren't in the news I'd have not posted this. I also want to see them succeed as you can see, I'd very much prefer them to be making great games and celebrating those games than this but here we are in reality.  |
CD Projekt Red used to be worth $11bn and are now $4.5bn, are they doomed? 
All companies were grossly overvalued during COVID. The hostile takeover talk is from an activist investor who is also advocating for a lot of layoffs too as he talks about bringing Ubisoft size down to those of other publishers, I.E. Thousands of layoffs. He is an investor that nobody ever heard of until a few weeks ago, he owns less than 1% of Ubisoft stock and only started purchasing those stocks in 2023.
Ubisoft fought off Vivendi...Ubisoft has issues but a random investor shit talking isn't a problem unless other investors back him up, Guillemot Family own 13.88% of Ubisoft, Tencent own 9.7% of Ubisoft. The power is still in Yves court as much as I want him gone, this random dude needs a hell of a lot of backing to challenge Yves whose recent moves with Tencent were exactly designed to stop something like this.
Last edited by Ryuu96 - on 17 September 2024
