TTWO - Game publisher Ubisoft draws buyout interest - report

French videogame publisher Ubisoft (OTCPK:UBSFY) is drawing buyout interest from suitors who are kicking the tires on the publisher of the Assassin's Creed and Far Cry franchises, Bloomberg reports. Blackstone (BX) and KKR are linked to preliminary looks at the company, though there's no serious negotiation under way and early talks might not lead to any bid. Ubisoft shares had gained 11.2% in Paris Friday, and its pink-sheet listing is up similarly, +11.7%. Stock in Take-Two Interactive Software (TTWO) - linked from time to time in buyout chatter - has jumped 2% in reaction to the news. Among other major publishers, Activision Blizzard (ATVI) has pared losses in recent minutes, now -0.2%, and Electronic Arts (EA) has moved higher, now +2.1%.

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Game publisher Ubisoft draws buyout interest - report