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EA selling Ubisoft all shares are now 122 million dollars to end the cooperation

Source: Internet
Author: User
Keywords Bagging Ubisoft
Tags exchange marketing marketing strategy released
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According to Bloomberg, Ubisoft's largest shareholder, EA, has sold all of its 15% stake in the former, which is now about $122 million trillion. UBS AG has been reported to have released Ubisoft's 14 million shares for EA at a price of 6.48 euros.　　Ubisoft's shares in the French exchange fell 3.2% to 6.97 dollars. "EA sold all its Ubisoft shares on July 16, 2010," Ubisoft said in a statement. Ubisoft has maintained a good relationship with EA as a shareholder, and EA has been supporting our marketing strategy, which we believe is in the best interest of Ubisoft. Earlier this month, Ubisoft announced its expected revenue for the first quarter at € 160 million, up 93% from 83 million euros last year. Ubisoft also says the goal this year is to get the company back to profitability and get enough cash flow from its operations. (Edit Zhang Xing)

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