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Old 05-22-07, 09:00 AM   #9
mookiemookie
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Quote:
Originally Posted by SteamWake
Quote:
Originally Posted by mookiemookie
They're not owned by EA. EA has a controlling stake in them, but that doesn't mean they own them.

Long story short, EA doesn't make the business decisions for Ubisoft.
Beg to disagree.

EA holds a controlling interest (a majority of shares) in UBI. There is a reason it is called a "controlling" interest.
I'm a financial analyst, I know what a "controlling interest" is.

EA currently owns 16% of the outstanding shares, which is more than any other shareholder. That means they can outvote other shareholders on issues, but as far as day to day operations, it's still Ubisoft management and not EA's.

"For its part, EA noted that the purchase does not give it any say in day-to-day operations or overall strategy of the company." - http://arstechnica.com/news.ars/post/20041220-4479.html
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