Ubisoft’s Founding Guillemot Family and Tencent Reportedly Considering Taking the Company Private...

TL;DR


Summary:

- Ubisoft, the major video game publisher, is reportedly considering going private amid a series of high-profile game flops and a significant drop in its share price.
- The Guillemot family, who founded Ubisoft, and Chinese tech giant Tencent are reportedly in talks to take the company private, potentially buying out other shareholders.
- The move comes as Ubisoft has struggled with the poor performance of several recent releases, including games like Skull & Bones and Roller Champions, leading to a sharp decline in the company's stock value.

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