Rumor: Is CD Projekt RED Preparing For A Hostile Takeover?

General news News 11/05/2016

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An Extraordinary General Meeting is scheduled to happen later in November. The scenario looks ominous.

On the NeoGAF forums, a rumor surfaced that the meeting will have three votings about the following topics:

Vote on whether or not to allow the company to buy back part of its own shares for 250 million PLN ($64 million)
Vote on whether to merge CD Projekt Brands (fully owned subsidiary that holds trademarks to the Witcher and Cyberpunk games) into the holding company
Vote on the change of the company’s statute.

The first and the third voting looks to be a scenario to prepare for a hostile takeover. The Polish company wants to own the most shares possible to avoid getting booted out of CDPR. Ubisoft is doing the same thing against Vivendi, who already took Gameloft away from the Guillemot family.

Who wants to take over CD Projekt RED…?

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Angyal Anikó

Anikó, our news editor and communication manager, is more interested in the business side of the gaming industry. She worked at banks, and she has a vast knowledge of business life. Still, she likes puzzle and story-oriented games, like Sherlock Holmes: Crimes & Punishments, which is her favourite title. She also played The Sims 3, but after accidentally killing a whole sim family, swore not to play it again. (For our office address, email and phone number check out our IMPRESSUM)