TenCent is negotiating with the Guillemots to get a bigger voice in board room decisions. For example, they want to be able to chime in on issues like cash flow distribution. In contrast, the Guillemots are trying to retain management control of the company, a very hard sell for them given how the company has performed in the past few years.

Following years of troubles, a Ubisoft buyout seems closer than expected. According to a new report by Reuters, Ubisoft and Chinese giant Tencent are in talks for a potential purchase, with the caveat that the developer’s founding family — the Guillemots — will retain a controlling share.

Ubisoft's two biggest shareholders continue to discuss a potential buyout that would take the Assassin's Creed

The possibility of some sort of major shakeup at Ubisoft grew a little more distinct today as Reuters reports that company shareholders are now looking at how to structure a buyout of the company that,

ADRs skyrocketed 15% after a report that the founding family and Tencent are working on a potential buyout. Shareholders are evaluating how to structure a potential acquisition of Ubisoft (OTCPK:UBSFY) without reducing the founding family's control,

Anonymous sources have told Reuters that multiple investors, including Tencent, are discussing options for funding a buyout of Ubisoft. The Guillemot family wishes to retain control

Ubisoft is continuing its talks with Chinese giant Tencent over a possible buyout deal that would take the Assassin's Creed maker private, a new report states. The move - first mooted last month - would see Ubisoft take back control of its company from shareholders.