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10% of Ubisoft Shareholders Support Option to Sell Company
The AJ Investment fund itself owns less than 1% of Ubisoft's shares, but its idea to sell the company has won the support of 10% of shareholders.The Ubisoft shareholder calling for the sale of the company gained 10% support from the company's investors.
As reported by Reuters, Slovak hedge fund AJ Investments – the same one that is also demanding the removal of Yves Guillemot as Ubisoft CEO – owns less than 1% of the French publisher's shares, but managed to gain the support of 10% of the company's shareholders. The group is calling for the sale of the company to "external entities" or as part of so-called "private equity" for a fair price.