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About Rainier

PC gamer, WorthPlaying EIC, globe-trotting couch potato, patriot, '80s headbanger, movie watcher, music lover, foodie and man in black -- squirrel!

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SCi On The Takeover Block?

by Rainier on Oct. 24, 2005 @ 10:05 a.m. PDT

SCI confirmed today that several companies have expressed interest in a possible takeover, but gave no details. "The board notes today's press comment and confirms that it has received approaches from various parties which may or may not lead to an offer for the company," SCI said in a statement. The Daily Mail said SCI was a target for three firms: Midway and EA, and private equity firm Apax Partners. Earlier this year, SCI bought Lara Croft-owner Eidos for £74m. SCI now brands its games under the Eidos name. In lunchtime trade, SCI shares were up by 140.5 pence, or 29.4%, at 619p.
SCI confirmed today that several companies have expressed interest in a possible takeover, but gave no details. "The board notes today's press comment and confirms that it has received approaches from various parties which may or may not lead to an offer for the company," SCI said in a statement. The Daily Mail said SCI was a target for three firms: Midway and EA, and private equity firm Apax Partners. Earlier this year, SCI bought Lara Croft-owner Eidos for £74m. SCI now brands its games under the Eidos name. In lunchtime trade, SCI shares were up by 140.5 pence, or 29.4%, at 619p.
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