Ubisoft Continues Buyout Talks, Tencent Reportedly Wants More Say Over Future Board Decisions
For some time now, Ubisoft has been facing difficulties, as one after another of its major releases underperformed, including Skull and Bones, XDefiant, Prince of Persia: The Lost Crown, Star Wars Outlaws, and others. This trend has only made the company’s situation more precarious over time. Recently, rumors circulated that the company was in discussions with Tencent – a partial owner of Ubisoft – to go private. Now, additional information about these negotiations has come to light.