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Gameloft says Vivendi bid too low

2016-02-29 17:22:00| Telecompaper Headlines

(Telecompaper) Gameloft's board has declared that Vivendi's public offer of EUR 6 per share for the 70 percent of the mobile games developer is against its interests and those of its shareholders, employees and customers. It said that in light of its intrinsic value and prospects, the offer was financially insufficient.

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