Arkane and its Blade game may end up at Ubisoft as Xbox considers offers
"At least two" other companies have also pitched themselves as the studio's possible new owners.
Reports & sources
Bloomberg
Xbox’s Arkane Studios Attracts Multiple Bidders, Including Ubisoft (opens Bloomberg)Bloomberg's feed description
Polygon
Ubisoft Makes Bid to Purchase Xbox Studio on the Brink of Closure (opens Polygon)Polygon's feed description
Engadget
Arkane and its Blade game may end up at Ubisoft as Xbox considers offers (opens Engadget)Engadget's feed description