Ubisoft Sees Share Purchase As Hostile
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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 US rival.
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Xstrata yesterday threatened to withdraw its hostile Â£2.9 billion takeover offer for WMC if the Australian miner indicated it would dilute value by paying out up to A$1 billion in cash to shareholders.
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The Nasdaq reveals a Â£2.7bn  hostile takeover bid for the London Stock Exchange.
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Decreasing sales threaten the defense contractor's stock price.
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Investors didn't appreciate news of their management's plans to sell shares.
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SAN FRANCISCO/NEW YORK  - Investors who own nearly half of Take-Two Interactive Software Inc.  said they would seek to control its board and oust its chief executive, pushing up shares in the maker of the "Grand Theft Auto" video game.
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Banknorth Group Inc.'s biggest investors are voicing concerns about the proposed sale of a controlling stake to Toronto-Dominion Bank .
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Oracle dislikes what PeopleSoft is doing, but it's still buying.
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Liberty Media Corp.&#39;s $1.5 billion plan to raise its stake in Rupert Murdoch&#39;s News Corp. is likely to be friendly rather than a sign of a hostile takeover, the Australian Council of Superannuation Investors said.
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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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Nasdaq Stock Market Inc NDAQ.O is   considering making a hostile bid for the London Stock Exchange   LSE.L, in which it has amassed a stake of over 25 percent,   weekly UK newspaper The Observer said on Sunday, without citing   any sources.
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Investors who own nearly  half of Take-Two Interactive Software Inc.  said they  would seek to control its board and oust its chief executive,  pushing up shares in the maker of the "Grand Theft Auto" video  game.
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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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Microsoft said&#160;its $44.6 billion offer to purchase Yahoo&#160;is &quot;fair&quot; and hinted that it may pursue a hostile takeover of the Internet company, according to a statement Microsoft made Monday in response to&#160;Yahoo&#39;s formal rejection of its buyout offer.
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German shareholder says company should consider carving off loss-making American division.
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Blockbuster Inc. said yesterday it will launch a hostile bid for Hollywood Entertainment Corp. next month if the rival's directors won't negotiate a deal.
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Shares in Ubisoft Entertainment soared after a report in French financial newspaper L'Agefi said the company had held preliminary talks about a potential tie-up with Vivendi Universal, following Electronic Arts' acquisition of a 20 percent stake in Ubisoft, dealers said.