Ubisoft: Tencent, Guillemot Family Weighing Buyout

[LegitHyperbole]

Ryuu96 said:

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 purchased those stocks a few weeks ago.

Ubisoft fought off Vivendi...Until this investor actually backs his words up there's nothing to worry about from them.

They could have been. They're very lucky to have gotten through that and that Cybperpunl still sold. If they hadn't cheated us with the reviews and not previewing 8th gen they'd have sank after Cybperpunk, I have no doubt. 

And hopefully so.