Ubisoft shareholder plans protest in response to mismanagement, Assassin's Creed Shadows delays, and alleged acquisition talks with Microsoft and EA [Yahoo! Finance]
UBISOFT ENTMT UNSP/ADR (UBSFY)
NASDAQ:AMEX Investor Relations:
ubisoft.com/en-us/company/investor_center/index.aspx
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Source: Yahoo! Finance
One Ubisoft shareholder is reportedly preparing a protest against the company's "horribly mismanaged" plans, which led to "declining shareholder value." In a statement seen and shared by IGN , AJ Investments CEO Juraj Krupa is planning a protest to once again express its disappointment in the publisher's management, pointing to Assassin's Creed Shadows delays, declining stock, and alleged acquisition talks. Last year, Bloomberg reported that Ubisoft was considering selling almost the entire company to media conglomerate Tencent. Krupa also mentioned a report from private investment platform MergerMarket that claimed Ubisoft had discussions with the likes of Microsoft and EA about acquiring its IP without informing investors. "
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News
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