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About Judy

As WP's managing editor, I edit review and preview articles, attempt to keep up with the frantic pace of Rainier's news posts, and keep our reviewers on deadline, which is akin to herding cats. When I have a moment to myself and don't have my nose in a book, I like to play action/RPG, adventure and platforming games.

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Electronic Arts Buys 20% of Ubisoft Shares

by Judy on Dec. 20, 2004 @ 2:49 a.m. PST

Electronic Arts today announced an investment in international game developer and publisher UbiSoft Entertainment. The investment represents approximately 19.9 percent interest in the company, shares purchased as a block from Dutch investment company Talpa Beheer B.V. to be completed upon obtaining antitrust clearance from the U.S. government. Financial terms were not disclosed. It is not apparent if this is part of a hostile takeover, but if approved, this would instantly make EA the biggest shareholder of Ubisoft.
Electronic Arts today announced an investment in international game developer and publisher UbiSoft Entertainment. The investment represents approximately 19.9 percent interest in the company, shares purchased as a block from Dutch investment company Talpa Beheer B.V. to be completed upon obtaining antitrust clearance from the U.S. government. Financial terms were not disclosed. It is not apparent if this is part of a hostile takeover, but if approved, this would instantly make EA the biggest shareholder of Ubisoft.
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