Vivendi Succeeds In Hostile Takeover Of Mobile Game Publisher Gameloft

Earlier this year we reported that Vivendi, a media mega-corporation headquartered in Paris, was attempting to take control of prolific mobile developer and publisher Gameloft. It appears that they've succeeded: today the company announced that it has purchased a 61.71% share of Gameloft's public stock, giving it more than half of the voting rights for the corporation. The company offered 8 euro per share to existing shareholders in February in a conventional hostile takeover attempt.

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