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Feb 11, 2005, 11:58 PM
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Styleless Wonder
Join Date: Jun 2002
Location: Ottawa, Ontario
Posts: 6,034
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EA staking out additional Ubisoft turf?
[UPDATE] Companies mum on report from Paris that Electronic Arts seeks entrée into Ubisoft boardroom. New plan of attack, or was something lost in translation?
How does Electronic Arts intend to leverage its current ownership stake in Ubisoft Entertainment? Today, Reuters threw some oil on the fires of speculation. Citing a filing in France EA officials completed on Wednesday, the news service said EA "may add to its almost 20 percent stake in France's Ubisoft and seek representation on its board." While the US press picked up the news as indicating EA is now seeking a bigger role in Ubisoft's decision-making process, it remains unclear if that is indeed the case. While no comment was forthcoming from Ubisoft or EA today, sources did tell GameSpot the Paris-datelined Reuters dispatch might refer only to a filing in which EA formalized previously taken steps...and nothing more. _______________ Read More/Source: GameSpot
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