Yes, but they're not exactly closing the book on the idea either. Last December, EA bought a 20% stake in Ubisoft, a move that raised many an eyebrow and brought about rousing commentary on EA's continuing bid for world domination. This time it appears that Ubisoft's made a determined stand on remaining independent, although they've been quoted saying, "If a company offers a strategy and a price satisfactory for staff and shareholders, we will look at it." In other words: If the price is right, we're going whole hog with the merger.
This bit of news shouldn't affect last week's announcement regarding Ubisoft's deal with Sony to publish two new titles for the PSP: Field Commander
and Untold Legends: The Warrior's Code
. Although it's entirely possible that at some future date we may see EA's ubiquitous company ID mocking us from the game box of Prince of Persia: We Sold Out to the Highest Bidder