Electronic Arts Sells Stake In Ubisoft
July 16 2010 - 6:22AM
Dow Jones News
French video-game maker Ubisoft Entertainment SA (UBI.FR) said
Friday its largest shareholder, Electronic Arts Inc. (ERTS), has
sold its shares in the company.
A spokesman for Ubisoft said that the company was informed of
the stake sale by Electronic Arts.
The spokesman couldn't say how large the stake was at the time
of sale nor could he say to whom the shares were sold.
According to Factset, Electronic Arts held 14.81% of Ubisoft at
March 15.
-By Angeline Benoit, Dow Jones Newswires; +33 1 40 17 17 40;
angeline.benoit@dowjones.com