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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/Eidos Stock Soars On Takeover Bidding War Rumor

by Rainier on Sept. 24, 2007 @ 3:31 p.m. PDT

A few weeks back SCi, Eidos' parent company, revealed that it was in preliminary talks with an interested party regarding a possible takeover, although it stressed that negotiations were very early. According to the TimesOnline, there could be more to it, as it claims not one, but three entities are looking into taking over the Lara Croft publisher: Ubisoft, Time Warner (who already owns 10%) and an unidentified Chinese company. The strong interest in the UK publisher/developer has sent its stock prices soaring 5%.
A few weeks back SCi, Eidos' parent company, revealed that it was in preliminary talks with an interested party regarding a possible takeover, although it stressed that negotiations were very early. According to the TimesOnline, there could be more to it, as it claims not one, but three entities are looking into taking over the Lara Croft publisher: Ubisoft, Time Warner (who already owns 10%) and an unidentified Chinese company. The strong interest in the UK publisher/developer has sent its stock prices soaring 5%.
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