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View Full Version : Tomb Raider firm SCI gets bid approaches


tlr online
24-10-05, 11:51
SCi ENTERTAINMENT IN TAKEOVER TALKS
Copyright 2005 www.tombraiderchronicles.com (http://www.tombraiderchronicles.com)

[ October 24th 2005 ]

Shares in SCi Entertainment Group surged 30% during morning trade, spurred on by news that the company has been approached from up to five unnamed parties which may lead to a bid for the company. "SCi has received approaches from various parties, though there is no guarantee of an offer," the company said in a statement today.

Shares in SCi - who earlier this year purchased Lara Croft Tomb Raider creators Eidos plc - soared as much as 141.5 pence to 620 pence and traded at that price at 9:20 a.m. in London, valuing the company at 447 million pounds ($789 million).

Apax Partners, a private equity group, Chicago-based Midway Games and Electronic Arts Inc - the world's largest games maker - are all rumoured to be entering a bidding war for the British publisher.

[ 24. October 2005, 13:08: Message edited by: tlr online ]

amlai
24-10-05, 12:05
There it's goes Eidos.

Hi Justin and thanks http://www.tombraiderforums.com/images/smilies/wave.gif