Ubisoft Sells $445 Million of Bonds to Fund Game ProjectsBy and
Bonds are convertible into gamemaker’s shares after five years
Proceeds may be used for acquisitions, French company says
Ubisoft Entertainment SA, the French video-game maker trying to fend off the advances of Vivendi SA, sold about 400 million euros ($445 million) of convertible bonds to help finance product development and pay for possible acquisitions.
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