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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By Bloomberg News. Electronic Arts, a maker of video games, said yesterday that it bought 19.9 percent of a French competitor, Ubisoft Entertainment, the maker of games based on Tom Clancy novels.
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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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LONDON/NEW YORK  - Nasdaq  launched its 2.7 billion pound ($5.3 billion) hostile bid for the London Stock Exchange  on Tuesday, needing just over a fifth of LSE shareholders to accept for it to take control.
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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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Univision issues a warning, and the stock responds. Is it time to buy?
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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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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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Unusual options activity pegged to the shares of Harrah's Entertainment Inc.  ahead of the announcement of a buyout offer for the gambling operator is raising eyebrows among some market options players.
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The London Stock Exchange  reiterated its opposition to a hostile bid from Nasdaq Stock Market Inc  on Monday, noting that valuations of trading exchanges had risen since its U.S. rival launched its bid.
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Oracle&#39;s hostile takeover bid for PeopleSoft has fueled negative perceptions of the software company among corporate computer buyers, which could sap demand for its products, according to a report published on Wednesday.
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Blockbuster Inc., the largest US video store chain, threatened Tuesday to make a $700 million hostile takeover offer for Hollywood Entertainment Corp.
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Blockbuster Inc. BBI.N, the No. 1  U.S. video rental chain, on Tuesday threatened to launch a $1  billion hostile bid for Hollywood Entertainment Corp. HLYW.O  if its smaller rival decides to stick with a previous offer  from a buyout firm.
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LONDON/NEW YORK  - Nasdaq  launched a 2.7-billion-pound ($5.3-billion) hostile bid for the London Stock Exchange  on Tuesday, needing just over a fifth of LSE shareholders to accept for it to take control.
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Oracle Corp.'s &#36;24-a-share hostile takeover bid for PeopleSoft Inc. heated up anew yesterday as tonight's deadline for stockholders to offer their shares for sale approached.
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Oracle Corp.&#39;s $24-a-share hostile takeover bid for PeopleSoft Inc. heated up anew yesterday as tonight&#39;s deadline for stockholders to offer their shares for sale approached.
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London Stock Exchange Group Plc forecast  a big rise in third-quarter earnings and pledged to raise its  full-year dividend at least 50 percent as it reiterated its  opposition to a 2.7 billion pound ($5.3 billion) hostile bid  from U.S. rival Nasdaq .