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Wednesday, June 01, 2005
Ubisoft resists EA takeover
BBC News reports that French game maker Ubisoft (of Splinter Cell and Prince of Persia fame) is fighting off an attempted takeover by Electronic Arts, the world's biggest games company. Last December, EA bought a 20% stake in Ubisoft and just last month Ubisoft's Yves Guillemot told its company's shareholders to hold on to their stocks to try to keep the company independent. There's been loads of consolidation in the video game industry in recent years, but this would be a big deal even by those standards.
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