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Vivendi Rules Out Ubisoft Take Over for Next Six Months

From IGN - November 16, 2017
By Hope Corrigan

Vivendi has ruled out a hostile takeover of Ubisoft for the next six months after the release of third-quarter earnings reports.

Reuters reports that Vivendi has made the decision due its third-quarter earnings before interest, tax, and amortization came in at 293 million Euros rather than a projected 324 million Euros.

Ubisoft, on the other hand, is up 96 percent since January and has beaten sales targets for a record high for the company.

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