Games giant EA buys Ubisoft stake
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Games giant Electronic Arts buys a stake in smaller French rival Ubisoft, the maker of recent hit game Prince of Persia.
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Ubisoft Entertainment SA said Tuesday it regards the purchase of 19.9 percent of its shares by Electronic Arts Inc. as hostile, but held out the possibility of talks with its U.S. rival.
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Electronic Arts becomes Ubisoft&#39;s biggest shareholder. Second biggest is the company&#39;s founders with a combined stake of 15 percent, according to Ubisoft&#39;s Web site, followed by French bank Caisse des Depots et Consignations with 6 percent.
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Cobham, the niche defence and aerospace supplier, has bought Remec Defense &amp; Space, a company that specialises in battlefield communications equipment, for $260m from the Remec group.
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Electronic Arts Inc., the largest video game publisher in the United States, said Monday that it agreed to purchase a 19.9 percent stake in French video game developer UbiSoft Entertainment SA from Talpa Beheer BV, the investment vehicle of Dutch media
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US games giant EA is to buy two video game studios in a deal that adds role-playing titles to its portfolio.
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SAN FRANCISCO  - French video game  publisher Ubisoft is entering the CGI entertainment business in  a big way, with plans to invest almost $400 million in an  expansion of its production center in Montreal with a goal to  make movies.
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Dubai International Capital buys a 3.12% stake in EADS, the company that owns Airbus.
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PARIS  - Shares in French video games publisher Ubisoft Entertainment SA surged Wednesday on a report that it discussed a so-called white knight deal with Vivendi Universal SA to fight a possible takeover bid from U.S. rival Electronic Arts Inc.
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Electronic Arts, the world's biggest computer games firm, signs exclusive agreements with the US National Football League.
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LagardÃ¨re, FranceÂs largest publisher, agreed to buy Sportfive for 865 million euros ($1.1 billion) to enter the market for soccer and rugby broadcasting. Sportfive, whose main shareholders are Advent International, Goldman Sachs, Capital Partners and the RTL Group, is expected to have 2006 sales of 526 million euros, LagardÃ¨re said. The purchase price includes debt. LagardÃ¨re, formerly one of FranceÂs biggest military contractors, has purchased media companies to diversify from the aerospace industry. Sportfive, which has headquarters in Paris and Hamburg, is EuropeÂs largest soccer marketing and media rights company.
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Electronic Arts Inc. has signed a 15-year agreement giving it the exclusive right to use the sports channel ESPN brand in its video games.
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US video game powerhouse Electronic Arts (EA) announced deals to craft updatable advertising into software for games made for personal computers and Xbox 360 consoles.
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Investors in the publisher of computer game Grand Theft Auto unveil plans to take control of the firm's board.
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Shares in French video games publisher Ubisoft Entertainment SA surged Wednesday on a report that it discussed a 'white knight' deal with Vivendi Universal SA to fight a possible takeover bid from U.S. rival Electronic Arts Inc.
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Electronic Arts Inc , the  video game publisher, said on Thursday it reached a deal to  form a strategic partnership with IMG, the sports and  entertainment marketing firm.
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Video game publisher Take-Two Interactive Software Inc  on Tuesday said it bought Sega Corp.'s sports game development studios, Visual Concepts Entertainment and Kush Games, for about &#36;24 million.