Bring on the DOOM!

Status
Thread Closed: Not open for further replies.

Fizzatron

Fizzatron
Obsidian Ant said:
David Braben basically saying it's not happening:
https://www.ft.com/content/605e06bf-68a6-4646-b777-faf49b35a338


Not sure how much text can be copy and pasted as the article is pay-walled.

He essentially says it's sad that so many UK companies get purchased by foreign businesses, and goes on to say his 33% steak in the company would prevent any takeover bid.
Click to expand...
Mods remove if it's too much but this is the meat:

Staffan Ekstrom, a partner at EY who has advised on gaming deals for more than 10 years, said US buyers will make “calculated moves”.

“They’ll be looking for companies with low valuations, great IPs and an ownership structure that makes it possible,” he said. “If you have a big title or launch that hasn’t gone well, you can expose yourself.”

Braben conceded that Frontier has been seen as an acquisition target because of its strong roster of successful games which have gained cult status, such as space-epic Elite Dangerous and Jurassic World Adventures. Tencent, which has bought several UK studios over the past few years, took out a 9 per cent stake in Frontier in 2017.

But the UK gaming company’s shares have dropped 52 per cent over the past year to reach a market capitalisation of £492mn, driven in part by slower than anticipated games releases.

“If you look at what happened to the share price it wouldn’t make sense to do anything now,” Braben said of the possibility of a sale, adding that the 33 per cent stake he and his wife had in the company would act as a “natural barrier” to any takeover attempt.
Click to expand...
 

SCiARA

SCiARA

Attachments

  • giphy-downsized-large.gif
    giphy-downsized-large.gif
    4.2 MB · Views: 47

Fizzatron

Fizzatron
@SCiARA It won't let me quote as you posted just a gif.. but I guess not a fan of loaded baked potato? I mean the salad is optional and we could also add half a dozen grilled shrimp on the side too.
 

SCiARA

SCiARA
yea i well mashed that gif, i dont even know how that happened
re steak I shall allow a baked potato if its cut into rectangular cuboids before making in oil

love a jacket potato but i couldnt have one with steak and salad is great in a wrap

edit
giphy-downsized-large.gif

heh works now
 

SasaThargoidsHunter

S
Yes, I knew it, thanks god, no buyout, no exclusive release for any plattforms.

so one big stone is washed away, so then, fix the game and make a huge process ahead consoles.
 
Last edited:
Status
Thread Closed: Not open for further replies.
Back
Top Bottom