Ubisoft claims win over Vivendi’s hostile takeover in board election

Ubisoft evidently won a victory today over French media company Vivendi in its attempt to thwart a hostile takeover, as the French publisher’s board of directors approved its slate of candidates in the annual meeting.

A spokesperson for Ubisoft, the makers of blockbusters such as Tom Clancy’s The Division, Watch Dogs 2, and Assassin’s Creed for home gaming consoles and PCs, confirmed that CEO Yves Guillemot and his brother, Gerard Guillemot, were re-elected to the board, and two new Ubisoft-recommended independent members were also approved. That should give the Paris-based company with 10,000 employees some relief in the takeover battle with Vivendi, which has accumulated 23 percent of Ubisoft’s publicly traded shares.