Vivendi’s Hostile Bid for Gameloft Is Cleared by French Court

  • Decision removes one of the last hurdles for the offer
  • Financial markets regulator sets closing date of May 27

A French court cleared Vivendi SA’s hostile bid for Gameloft SE, removing one of the last hurdles for the offer and turning up the heat on the Guillemot family that runs the video game maker and its larger sister company, Ubisoft Entertainment.

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