Submitted 5 weeks ago by ampersandrew@lemmy.world to games@lemmy.world
https://finance.yahoo.com/news/tencent-guillemot-family-said-consider-134712316.html
Tencent would be capped at a 10% stake. The Guillemot family would remain in control, just the way they want it.
Maybe Ubisoft should for once make a good game (OK, Rayman Raving Rabbids for Wii was a fun romp for a bit). I’m constantly baffled how a company this shitty that’s constantly making super derivative games got so big in the first place.
They sell to the type of person who only buys a few video games per year. They’re easy to play, they look nice, and they have a lot of content for the money, so you can stretch your dollar.
I imagine…climbing up a tower, scanning an area, the hundreds of mini activities litter the map with little coin icons showing the requisite amount of assassin coins you need to spend to try the level.
Don’ t worry you get 10 free assassin coins per day, spend more to play sooner!
Ugh
EvilBit@lemmy.world 5 weeks ago
I’m not a finance person, but selling equity capped at 10% isn’t a “buyout”, is it?
ampersandrew@lemmy.world 5 weeks ago
The family is buying the shares as well, with Tencent having a minority ownership. Or might, rather. This is a consideration. It isn’t definitely happening.
EvilBit@lemmy.world 5 weeks ago
But I’m just asking, naively, is 10% a “buyout” by any reasonable definition of the term? I thought that was just a “stake”. I thought a “buyout” meant buying all of someone’s stake.