MCV/DEVELOP News, events, research and jobs from the games industry
Shares in SCi have
dropped by 17 per cent this morning
, after the Eidos parent announced it
had raised 60m and sold more stock to Warner Bros
– effectively ending any chance of a takeover.
The firm also announced that it has agreed a new distribution agreement with Warner in North America and Mexico.
SCi’s share price has fallen from over 500p-per-share last summer to just 46.5p-per-share this morning, following much in the way of takeover speculation, management restructuring and a full-scale corporate overhaul.
![Bastion Logo H RGB Colour FullOrange V1 1 [Event news] “For One Night Only” - New major showcase event celebrating UK games announced](https://mcvuk.com/wp-content/uploads/Bastion_Logo_H_RGB_Colour_FullOrange_V1-1-310x143.avif){kind=logo}