Tencent looking to buy Ubisoft possibly?

[Deleted User 234324]

Tencent, Guillemot Family Are Said to Consider Buyout of Ubisoft

Tencent Holdings Ltd. and Ubisoft Entertainment SA’s founding Guillemot family are considering options including a potential buyout of the French video game developer after it lost more than half its market value this year, according to people familiar with the matter.

www.bloomberg.com

Ubisoft stock price jumped 35% after speculation that Tencent may be in discussions to buy Ubisoft (hopefully for IP rights and not to continue developing their current trash)