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Vivendi Secures 18% More Stock in Ubisoft

Posted Apr 29, 2016 by Suzie Ford

Vivendi Secures 18% More Stock in Ubisoft

While still denying a takeover attempt, Vivendi has increased its stock holdings in Ubisoft by 18% which gives the company a nearly 18% ownership stake in the gaming studio and 16% of the voting rights. Ubisoft has been actively seeking other investors to stop a takeover by Vivendi which only needs to gain an additional 12% of the available stocks to force takeover negotiations.

Source: GamesIndustry.biz

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Suzie Ford / Suzie is the Associate Editor and News Manager at MMORPG.com. Follow her on Twitter @MMORPGMom

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